40 HORSESHOE Drive
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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 22, 2023 | Sold to Linda L Nelson | ||
Sold to Linda L Nelson | |||
May 11, 2023 | Listed by Saratoga Real Property, Inc. | $749,999 | |
Listed by Saratoga Real Property, Inc. | |||
May 23, 2022 | Sold to Mcdougal K Mcdougall, Miche... | ||
Sold to Mcdougal K Mcdougall, Miche... | |||
Mar 14, 2022 | Listed by Saratoga Real Property, Inc. | $609,000 | |
Listed by Saratoga Real Property, Inc. | |||
Apr 24, 2019 | Sold | ||
Sold |
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About Saratoga Springs
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