40 Outlook Rd
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 |
|---|---|---|---|
| Dec 28, 2011 | Sold | ||
| Sold | |||
| Oct 3, 2011 | Listed by RE/MAX Leading Edge | $425,000 | |
| Listed by RE/MAX Leading Edge | |||
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1930's Cape Cod in top westside location. Pretty firplaced Living room. Dining room with corner hutch. Hardwood floors, nice plaster archways and enrty. Kitchen with new appliances and cabs. Fireplaced lower level family room has new kitchenette and 3/4 bath. Great space to entertain or potentially a wonderful teen suite area. New gas heating system and 200 amp electric. Breezeway to attached 2 car gagage.
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| Oct 26, 2009 | Sold | ||
| Sold | |||
| Sep 12, 2009 | Listed by Barrett, Chris. J., REALTORS® | $409,900 | |
| Listed by Barrett, Chris. J., REALTORS® | |||
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