1
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43 Francine Drive
About This Property
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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 |
|---|---|---|---|
| Oct 30, 2006 | Sold | ||
| Sold | |||
| Sep 22, 2005 | Listed by Congress REALTORS® | $400,000 | |
| Listed by Congress REALTORS® | |||
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BEST DEAL IN TOWN! HOME WARRANTY!! Freshly painted with gleaming hardwd flrs. $65,000 kitchen with gorgeous birch cabinets, granite countertops. Double convection & standard oven. Expanded family room 17 X 27 with skylights and sliders to deck. Brick wall ready for woodstove. All new top of the line windows. Hardwood throughout except DR & FR. Vinyl sided. Beautiful front door with glass. Living room has bay window. New roof 2005. Furnace is 6yo. Close to train. Move right in! Quick close!
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