24
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3612 Brophy Boulevard
About This Property
The property features recent upgrades, including a newer Roof, AC, and Water Heater, ensuring modern comfort and efficiency. Plumbing has been updated, and with the added benefit of hurricane shutters, this home is both secure and resilient.
Ideal for first-time homebuyers seeking a manageable project or investors looking to expand their portfolio, this property presents endless possibilities. Its well-maintained condition requires only minor updates, making it a lucrative rental opportunity as well.
Don't miss out on this chance to secure a versatile property with both immediate appeal and long-term potential.
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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 |
|---|---|---|---|
| Apr 23, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by EXP Realty, LLC | $180,000 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017