
14
Map


38 Elizabeth Lane
About This Property
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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 |
---|---|---|---|
Jun 6, 2024 | Sold | ||
Sold | |||
Apr 23, 2024 | In contract | - | |
In contract | |||
Apr 17, 2024 | Listed by Hunt ERA | $250,000 | |
Listed by Hunt ERA | |||
Dec 16, 2013 | Sold to - Private - | ||
Sold to - Private - | |||
Nov 16, 2006 | Sold to James Lafoy | ||
Sold to James Lafoy |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/17/2024
| |
2 Bed
|
2 Bath
|
-
|
$250,000
2 Bed
2 Bath
|
$240,000
-4.00%
06/06/2024
|
-
|
Alyssa Reid
Hunt ERA
|
01/14/2013
| |
2 Bed
|
2 Bath
|
-
|
$134,000
2 Bed
2 Bath
|
$130,000
-2.99%
12/16/2013
|
- Private -
|
Susan K Balfour
Balfour Realty
|
Building Info
