434 Democracy Place
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 18, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Sold | ||
| Sold | |||
| Feb 17, 2022 | Sold | ||
| Sold | |||
| Jan 24, 2022 | Listed by Absolute Realty Company, LLC | $2,000,000 | |
| Listed by Absolute Realty Company, LLC | |||
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Stunning custom home to be built on waterfront lot in sought after Heritage Pointe in Apex! Large 4+ acre lot with water views. Colonial style home with finished basement. Custom details throughout, kitchen features custom cabinetry, large island, butcher block counter, stainless steel appliances. Buyer to carry CP financing.
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| Jan 10, 2022 | Listed by EXP Realty LLC | $450,000 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017