44 Rita Way
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 |
|---|---|---|---|
| Dec 13, 2023 | Sold | ||
| Sold | |||
| Sep 21, 2023 | Listed by Flex Realty | $138,000 | |
| Listed by Flex Realty | |||
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This brand-new, two-bedroom, two-bathroom mobile offers an affordable and comfortable living solution without compromising on style or functionality. Nestled in a quiet and welcoming community, this property is perfect for those seeking a simple yet modern lifestyle. Step inside, and you'll find an inviting and open living area. The layout is designed to maximize space and natural light, creating an airy and pleasant atmosphere. The neutral color palette provides a versatile backdrop for your personal décor. One of the major advantages of this property is its affordability. It provides a fantastic opportunity to own a home without breaking the bank, making it an excellent choice for first-time buyers or those looking to downsize.
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| May 17, 2023 | Sold | ||
| Sold | |||
| Feb 23, 2023 | Listed by Fecteau Real Estate | $135,000 | |
| Listed by Fecteau Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017