38 Richardson Ave
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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 |
|---|---|---|---|
| Aug 30, 2002 | Sold | ||
| Sold | |||
| Jun 25, 2002 | Listed by Compass | $220,000 | |
| Listed by Compass | |||
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|
TOTALLY REBUILT IN 1991 GREAT FOR 1ST TIME BUYERS. COZY NEIGHBORHOOD WITHIN WALKING DISTANCE TO LONG POND. 1ST FLR LAUNDRY, CATH CEIL MASTER W/ WALK IN CLOSET & BALCONY. WATER VIEWS.
| |||
| Feb 26, 1999 | Sold | ||
| Sold | |||
| Dec 7, 1998 | Listed by Dick Lepine Real Estate,Inc. | $136,900 | |
| Listed by Dick Lepine Real Estate,Inc. | |||
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NICE GARRISON WITH WATER VIEWS FROM MASTER BEDROOM, CATHEDRAL CEILING AND WALK IN CLOSET. PRIVATE BEACH A SHORT WALK FROM HOUSE. RENOVATED 7 YEARS AGO. 2ND FLOOR HALL & 2ND BEDROOM CARPET TO BE REPLACED
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| Aug 13, 1997 | Sold | ||
| Sold | |||
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