37 12th Street
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 |
|---|---|---|---|
| Apr 6, 2010 | Sold | ||
| Sold | |||
| Mar 10, 2010 | Listed by Charney Real Estate | $19,800 | |
| Listed by Charney Real Estate | |||
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PROPERTY SOLD "AS IS" WITH SELLER'S ADDENDUM. BANK OWNED, SELLER HAS NEVER OCCUPIED. $1,000. DEPOSIT AND PREAPPROVAL/PROOF OF FUNDS WITH ALL OFFERS. PLEASE ALLOW 3-5 BUSINESS DAYS FOR RESPONSE ON ALL OFFERS. BUYERS TO CONFIRM ALL PROPERTY INFORMATION. ***DUE TO MULTIPLE OFFERS THE SELLER IS REQUESTING THAT ALL OFFERS BE SUBMITTED AT THEIR BEST AND FINAL BY 5P. ON MON 3/15/2010.***
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