37 David 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 |
|---|---|---|---|
| Apr 8, 2024 | Sold | ||
| Sold | |||
| Dec 27, 2023 | Listed by American Homes Group | $575,000 | |
| Listed by American Homes Group | |||
| Dec 17, 2023 | No longer available | - | |
| No longer available | |||
| Jun 22, 2023 | Listed by American Homes Group | $575,000 | |
| Listed by American Homes Group | |||
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With a little TLC and your personal touches this 2,992 sq. ft. colonial has endless potential with 5 bedrooms including a primary bedroom with walk in closet, 3 bathrooms, an eat in kitchen, and basement. Backyard has deck with above ground swimming pool. 2 car garage built in with double wide driveway. This diamond in the rough is close to Cloverdale Farm County Park, wildlife attractions along the shore line, dining, shopping, and only 12 miles to LBI! The manager has listed the unit size as 2992 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017