38 Manitoba Rd
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 |
|---|---|---|---|
| Oct 16, 2018 | Sold | ||
| Sold | |||
| Sep 21, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $479,900 | |
| Listed | |||
| | |||
|
Nice 4 B.R. 2bath Cape in South Cape Beach Estates with new septic system . House has living room with hardwood floors and a fireplace; huge family room with sliders to screened in porch. New carpeting in bedrooms and stairs. There is an outside shower and storage shed.New exterior paint.There are two association docks, a waterfront picnic area with a playground,variety of games and kayak storage area. Beautiful South Cape Beach is just around the corner and newly constructed boat ramp is two streets away. The manager has listed the unit size as 1882 square feet.
| |||
| Mar 30, 2018 | Listed by Kinlin Grover Mashpee Commons | $479,900 | |
| Listed by Kinlin Grover Mashpee Commons | |||
| May 1, 2006 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017