45 Kelmar 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 |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | Listed by BHG Masiello Dover | $129,000 | |
| Listed by BHG Masiello Dover | |||
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Quiet location to build your beautiful dream home! This is the last available lot located on desirable Kelmar Drive at the very end of the cul-de-sac. This 1.27 acre lot the is close to everything but feels like a world away from the hustle and bustle of town. Septic design on file. Bring your builder and make your dreams come true!
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| Oct 19, 2021 | Sold | ||
| Sold | |||
| Aug 26, 2021 | Listed by BHG Masiello Manchester | $95,000 | |
| Listed by BHG Masiello Manchester | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017