40 Dare Road
About This Property
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2024 | Sold | $562,000 | |
| Sold | |||
| Jan 3, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2023 | Price Decreased |
$564,900
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Oct 24, 2023 | Listed by Island Advantage Realty LLC | $579,900 | |
| Listed by Island Advantage Realty LLC | |||
| Apr 5, 2022 | Sold | $560,500 | |
| Sold | |||
Property Highlights
40 Dare Road
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/24/2023
| |
3 Bed
|
2 Bath
|
-
|
$579,900
3 Bed
2 Bath
|
$562,000
-3.09%
02/13/2024
|
-
|
Todd Yovino
Island Advantage Realty LLC
|
|
08/21/2018
| |
2 Bed
|
2 Bath
|
-
|
$299,000
2 Bed
2 Bath
|
-
-
|
-
|
Edson Coley
Insignia Homes
|
Building Info
About Selden
Similar Homes for Sale
Nearby Rentals
Data Source: OneKey MLS
