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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 |
|---|---|---|---|
| Oct 31, 2018 | Sold | ||
| Sold | |||
| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
| Aug 9, 2018 | Listed | $857,000 | |
| Listed | |||
| | |||
|
Distinctive Colonial On Convenient Tree Lined Street. Interior Features A Heartwarming Brick Fireplace & Hardwood Floors Throughout. Updated Kitchen W/Stainless Appliances & G.A.S Cooking. 3 +/- Year Young: Siding, Roof, Windows, Storm Doors, G.A.S Heat & Hot Water Systems. Newer Paint/Moldings & Electrical, Abundant Closets, Lovely Private Rear Yard & Property. Finished Lower Level W/Separate Side Entrance. Commuters Dream Short Distance To Great Neck Or Little Neck Railroad & Bus Stations.
| |||
| Jul 26, 2018 | Listed by Douglas Elliman Real Estate | $857,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Great Neck
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$10,000 /mo
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Data Source: OneKey MLS
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