4006 Faraday Way
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Listed by Coastal Properties | $1,250,000 | |
| Listed by Coastal Properties | |||
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Enjoy the ALTON lifestyle and location. Only 3 miles from great beaches, a short walk to the exclusive Alton Club House, Pool, Fitness Center, Pickleball, Tennis, Basketball, many restaurants and shopping within walking distance. This great value includes a Primary Suite on the first floor with each bedroom having a private bathroom. An Office/Study, 3 car garage, room for a courtyard pool and natural gas and plumbing set up for your future outdoor kitchen. Furniture is negotiable. Great golf course and baseball stadium 5 minutes away.
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| Sep 30, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by Jack Keller Inc | $1,185,000 | |
| Listed by Jack Keller Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017