LOT 4 Azalea Way
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 |
|---|---|---|---|
| Nov 15, 2002 | Sold | ||
| Sold | |||
| Oct 18, 2001 | Listed by Lillian Montalto Signature Properties | $1,200,000 | |
| Listed by Lillian Montalto Signature Properties | |||
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QUALITY IS IN THE DETAILS. PROF LANDSCAPE 2 AC LOT INCLUDING CEDAR FENCING & GUNITE POOL,3 FIREPLACES, PORCHES, FRONT AND BACK STAIRWAYS, 5 BEDROOMS,24 FAMILY RM & 32'GAME RM CONSTRUCTION IS IN PROCESS IN ESTABLISHED NEIGHBORHOOD.
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| Mar 31, 2000 | Sold | ||
| Sold | |||
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