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42 Middle 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 |
|---|---|---|---|
| Aug 9, 2012 | Sold | ||
| Sold | |||
| Aug 31, 2007 | Sold | ||
| Sold | |||
| May 2, 2005 | Listed by The Martin Group, Inc. | $575,000 | |
| Listed by The Martin Group, Inc. | |||
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Idyllic Island called Little Neck! Great views of Ipswich Bay, Crane Beach, Plum Island. Attractive, meticulous cottage in mint condition. Private beach, boat mooring available, community house and dock. It's not just a summer cottage - it's a lifestyle!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017