428 Commerce 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 4, 2023 | Sold | ||
| Sold | |||
| Sep 24, 2022 | No longer available | - | |
| No longer available | |||
| Sep 3, 2022 | Listed by Kinlin Grover Real Estate | $795,000 | |
| Listed by Kinlin Grover Real Estate | |||
| | |||
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Wonderful village location north of 6A. Walk to Millway marina, restaurants and beach.First floor living with open floor plan. Newly renovated kitchen, beautiful wood floors, vaulted living room ceiling with access to back deck overlooking private yard. Walkout lower level is bright and spacious having a large fireplace family room, large bedroom and full bath. Other recent improvements include, roof, heating and windows.Don't miss this great opportunity to live in Barnstable village. The manager has listed the unit size as 2190 square feet.
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| Nov 16, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed by Real Estate Associates, Inc. | $459,000 | |
| Listed by Real Estate Associates, Inc. | |||
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Address: 335 Madison Avenue, New York, NY 10017