40 Coffee St
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 |
|---|---|---|---|
| Apr 2, 2015 | Sold | ||
| Sold | |||
| Aug 22, 2014 | Sold | ||
| Sold | |||
| Jun 17, 2014 | Listed by Century 21 Commonwealth | $349,900 | |
| Listed by Century 21 Commonwealth | |||
| Sep 6, 2013 | Sold | ||
| Sold | |||
| Jun 17, 2013 | Listed by Jim Kinahan Real Estate | $229,900 | |
| Listed by Jim Kinahan Real Estate | |||
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This is a FannieMae HomePath property. Purchase this property for as little as 3% down! Property is approved for HomePath Renovation Mortgage Financing. 3 bedoom 1 bath with large backyard, in a great location, short walk to McGovern School and Parks. 2nd floor addition was being put on by previous owner, not completed and not done to building codes. All information is gathered from public record and should be verified by buyer.Buyer to perform any/all due diligence.Great location.
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