35 Acorn Avenue
About This Property
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Cap Rate Calculator
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 25, 2024 | Sold | ||
Sold | |||
Oct 10, 2024 | In contract | - | |
In contract | |||
Oct 4, 2024 | Price Decreased |
$365,000
↓ $15K
(3.9%) | |
Price Decreased | |||
Sep 26, 2024 | Price Decreased |
$379,900
↓ $10K
(2.6%) | |
Price Decreased | |||
Sep 16, 2024 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/07/2024
| |
3 Bed
|
2 Bath
|
-
|
$399,900
3 Bed
2 Bath
|
$370,000
-7.48%
11/25/2024
|
-
|
Renee McLaughlin
Equitas Realty
|
07/21/2020
| |
3 Bed
|
2 Bath
|
-
|
$274,980
3 Bed
2 Bath
|
$289,000
+5.10%
11/09/2020
|
Joyce Brown
Venture Realty Partners
| |
09/30/2014
| |
3 Bed
|
2 Bath
|
-
|
$239,500
3 Bed
2 Bath
|
$237,000
-1.04%
11/21/2014
|
-
|
Diane Sluus
Keller Williams Capital Dist
|
03/06/2014
| |
3 Bed
|
2 Bath
|
-
|
$239,900
3 Bed
2 Bath
|
$230,000
-4.13%
06/27/2014
|
-
|
Terri Dentinger
Re/Max Premier
|
06/29/2006
| |
3 Bed
|
2 Bath
|
-
|
$235,000
3 Bed
2 Bath
|
$234,000
-0.43%
09/21/2006
|
-
|
Tracey LaFleur
Howard Hanna
|
02/10/2005
| |
3 Bed
|
2 Bath
|
-
|
$219,900
3 Bed
2 Bath
|
$211,000
-4.05%
05/06/2005
|
-
|
Hugh Brown
RE/MAX Park Place
|
Building Info
