37 Longley Road
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 |
|---|---|---|---|
| Sep 2, 2015 | Sold | ||
| Sold | |||
| May 12, 2015 | Listed by Griffin Properties, Inc. | $279,900 | |
| Listed by Griffin Properties, Inc. | |||
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Lots of NEW here! See this renovated ranch, well sited on 3.5 country acres. The 3 bedroom, 2 bath home is ready for a new owner. The gorgeous eat-in kitchen has cherry, granite, tile and all new appliances. The baths are new, one with cherry and granite, both with tile. Friends and family will enjoy the large fireplaced living room. You'll enjoy the fresh neutral décor, gleaming hardwoods and beautiful tile work. The roof, well, electric service and plumbing are new, too. The new septic design is in the approval process. The new septic system will be installed by the seller.
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| Oct 6, 2014 | Sold | ||
| Sold | |||
| Jun 9, 2014 | Listed by EXIT Assurance Realty | $89,900 | |
| Listed by EXIT Assurance Realty | |||
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This 1950s bi-level ranch has solid bones but needs your hard work to bring it back to 2014. Nice hardwood floors throughout (except kitchen), large LR with fireplace. large master bedroom with 1/2 bath. Easy to show! Currently part of a 15+ acre parcel, seller to convey 4+-acres at this price which will be subdivided prior to closing. Or purchase entire parcel as referenced in MLS #'s 71694406, 71694407. Town assessment / taxes based on house on 15+ acres.
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