1
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344 Route 149
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2008 | Sold | ||
| Sold | |||
| Oct 8, 2008 | Listed | $110,000 | |
| Listed | |||
| Aug 31, 2006 | Sold | ||
| Sold | |||
| Apr 8, 2006 | Listed by Oceanside Realty Group, Inc. | $279,900 | |
| Listed by Oceanside Realty Group, Inc. | |||
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What an opportunity! 1,806 square foot Ranch on .74 acre set well off road with privacy. Walk to village and lake. 2 outbuildings, one with water & electric. Town shows 4 bedrooms but older septic inspection report shows a 5 bedroom system. Great potential, but needs renovation or build your dream home! 2 rooms unheated. Assessed at $313,100 and was just Bank appraised at $300,000. All information being verified.
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