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48 Sunset
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 |
|---|---|---|---|
| Feb 11, 2011 | Sold | ||
| Sold | |||
| Dec 13, 2010 | Listed | $229,000 | |
| Listed | |||
| Jul 25, 2009 | Listed | $229,000 | |
| Listed | |||
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Built in 2007, Ideal for 1st Time Buyers or Weekend Retreat. Spacious Ranch offering open floor plan with living area, vaulted ceilings, ceramic tiled kitchen with sliders to back deck. Relax and enjoy views of Glen Charlie Pond. Beach access is just a block away. Full basement with walk-out to fenced-in yard. Appliances included--this spacious home is move in ready. Call today to see how you can take advantage of the 1st time buyer tax credit.
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| Jul 24, 2008 | Sold | ||
| Sold | |||
| Apr 6, 2008 | Listed | $219,700 | |
| Listed | |||
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