48 Hillcrest Rd
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 |
|---|---|---|---|
| Nov 30, 2018 | Sold | ||
| Sold | |||
| Sep 15, 2015 | Sold | ||
| Sold | |||
| Mar 31, 2015 | Listed by RE/MAX Triumph Realty | $389,900 | |
| Listed by RE/MAX Triumph Realty | |||
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THIS HOUSE IS ALMOST READY. QUICK CLOSING POSSIBLE ON THIS NEWLY CONSTRUCTED COLONIAL STYLE HOME. GREAT THREE BEDROOM, TWO CAR ATTACHED GARAGE, AND 2.5 BATHS. OPEN CONCEPT FLOOR PLAN ON FIRST FLOOR. SLIDERS OFF THE DINING ROOM TO A 12X10 PRESSURE TREATED DECK. WALK OUT BASEMENT. PLENTY OF AREA TO FINISH OFF AND ADD MORE SQUARE FOOTAGE.
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| Mar 31, 2015 | Sold | ||
| Sold | |||
| Nov 1, 2014 | Listed by LAER Realty Partners | $119,900 | |
| Listed by LAER Realty Partners | |||
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Address: 335 Madison Avenue, New York, NY 10017