36 Fern Drive
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 29, 2022 | Sold | ||
| Sold | |||
| Apr 4, 2014 | Sold | ||
| Sold | |||
| Nov 4, 2013 | Listed by Frank Smith Real Estate, Inc. | $244,900 | |
| Listed by Frank Smith Real Estate, Inc. | |||
| Apr 5, 2010 | Listed by Frank Smith Real Estate, Inc. | $263,888 | |
| Listed by Frank Smith Real Estate, Inc. | |||
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Beautiful Raise Ranch in Family oriented neighborhood. 4 Bedrooms, 2 full baths. Recently painted interior, Finished lower level with walk out plenty of room for in home office or possible in-law suite. New Energy efficient boiler installed in Dec. of 09. Spacious deck , new large storage shed. Owners are motivated....
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