4040 MYRTLE Street
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 6, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by NON MLS (realMLS) | $899,000 | |
| Listed by NON MLS (realMLS) | |||
| Jul 12, 2019 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Listed by NON MLS (realMLS) | $269,900 | |
| Listed by NON MLS (realMLS) | |||
| Apr 22, 2014 | Listed by WATSON REALTY CORP | $229,900 | |
| Listed by WATSON REALTY CORP | |||
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ISLAND BUNGALOW on 100'x100' corner lot, one block to Intracoastal & 4 blocks to ocean. Two-story house has metal roof and large front porch with porch swing to feel the ocean breeze. 3 Bamboo flooring/tile/new carpet upstairs. Workshop/Shed. One block to public boat ramp and fishing pier. Restaurants nearby. Nearby beach access. No HOA fees. 10 minutes to historic St. Augustine.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017