LOT 4 Purchase Street
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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 26, 2008 | Sold | ||
| Sold | |||
| Jun 30, 2004 | Sold | ||
| Sold | |||
| Oct 16, 2003 | Listed by ERA Key Realty Services- Milf | $459,900 | |
| Listed by ERA Key Realty Services- Milf | |||
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UNDER CONTRUCTION - UNIQUE FLOOR PLAN. 8X15 OPEN FOYER WITH DRAMATIC STAIRWAY, SUNKEN GREAT ROOM W/FP OFF LARGE KITCHEN W/CUSTOM CABINETS AND EATING AREA. MASTER SUITE, WALK-IN CLOSET, MASTER BATH W/WHIRLPOOL TUB. SECOND FLOOR LAUNDRY
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| Nov 21, 1995 | Sold | ||
| Sold | |||
| Apr 30, 1995 | Listed by Hughes & Hughes R.e. Co.inc. | $95,000 | |
| Listed by Hughes & Hughes R.e. Co.inc. | |||
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GREAT OPPORTUNITY FOR OWNER-OCCUPIED OR INVESTOR!! 1ST FLOOR--WHEEL CHAIR ACCESSIBLE. DEN/OFC OFF KIT IN UNITS 1 & 2. SOME UPDATES--ELEC, HTG SYSTS, WTR HTRS. 2-CAR GAR WITH 2ND LEVEL SHED. HOME NEEDS WORK. LOTS OF SPACE, WALK TO TOWN
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