41 Pelican Road
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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 |
|---|---|---|---|
| Apr 11, 2023 | Sold | ||
| Sold | |||
| Jan 31, 2023 | In contract | - | |
| In contract | |||
| Jan 11, 2023 | Price Decreased |
$599,000
↓ $21K
(3.4%) | |
| Price Decreased | |||
| Oct 28, 2022 | Listed by BERKSHIRE HATHAWAY | $619,777 | |
| Listed by BERKSHIRE HATHAWAY | |||
| | |||
|
Come Take A Look At This One Of A Kind Levit ! This Extended And Dormered Colonial Style Home Comes With A Wide Open Floor Plan (Fireplace And Chimney Removed) , Eatin Kitchen - Living Room - Dining Room (Great Room Combo) Leading To Each Other ! Burner Moved Into Seperate Utility Room In Oversized Garage , 200 Amp Electric, Brick Pavered Patio, Oversized Property With PVC All Around , Hi Hats Everywhere, Cabinet Lined Eat In Kitchen With Stainless Steel Appliances, Anderson Windows, Above Ground Oil Tank, Huge Bedrooms On Second Floor And More ! There's Plenty Of Room To Roam Outside And Inside With An Interchangeable Layout With Endless Possibilities ! Just Move Right On In And Relax !
| |||
| Oct 14, 2022 | Listed by BERKSHIRE HATHAWAY | $599,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017