468 Cormier Road
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 11, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2020 | Listed by Parkway Realty | $199,000 | |
| Listed by Parkway Realty | |||
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Imagine yourself owning a delightful home in the sought after town of Danville. Now imagine that home is equipped with energy efficiency that will reduce your utility and heating costs to a bare minimum! Well make that a reality with this property. Not only is this home well insulated, it has dual heating sources in the form of a solar powered heat pump as well as the original oil furnace. Combine that with quality construction, details such as hardwood floors throughout, and newer stainless appliances. You'll also have high speed cable internet and landline telephone if you choose! Step outside onto your covered porch and enjoy the mountain views while the pets or children play in the large yard. You'll have room for a garden and there's even a small sugar shack! The icing on the cake is you'll have privacy yet you're only a mile to Danville Village!
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| Jun 30, 2017 | Sold | ||
| Sold | |||
| Mar 30, 2017 | Listed by Parkway Realty | $159,000 | |
| Listed by Parkway Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017