364 Tern Drive #4
About This Property
Available May, June, July, August and September 2024 for $220o per month. Oct, $2500, November $3000 and Deceomber $2500. 30 day minimum lease required and 180 days max.
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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 |
|---|---|---|---|
| Feb 9, 2024 | Listed by Lakes Area Realty of Naples | $2,000 | |
| Listed by Lakes Area Realty of Naples | |||
| May 10, 2022 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/09/2024
|
2 Bed
|
2 Bath
|
1260 ft²
|
$2,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
Susan P Durfee
Lakes Area Realty
| |
|
10/10/2023
|
2 Bed
|
2 Bath
|
1270 ft²
|
$334,900
2 Bed
2 Bath
1270 ft²
|
-
-
|
Yasmin Saad, PA
Compass Florida LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017