48 Floradora Drive
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 |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Signature Premier Properties | $499,000 | |
| Listed by Signature Premier Properties | |||
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Welcome to 48 Floradora Drive in Manor Park in Mastic, located in the Eastport School District. This well-maintained, move-in-ready Ranch features 3 bedrooms and two full bathrooms, which includes a primary bedroom suite. The home also offers ample closet space, cozy living room, dining room, and an open-concept eat-in kitchen with a pantry, stainless steel appliances, a skylight and a door leading to the fully fenced private yard. The yard provides a perfect outdoor retreat with so many possibilities. Close to all! Don't miss this one!
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| Jan 30, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017