4940 SE 9th PLACE
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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 |
|---|---|---|---|
| Jun 11, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| Apr 5, 2024 | Listed by CB ISAAC REALTY | $310,000 | |
| Listed by CB ISAAC REALTY | |||
| Sep 25, 2023 | Listed by CB ISAAC REALTY | $310,000 | |
| Listed by CB ISAAC REALTY | |||
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Join the beautiful growing Southern Oaks Subdivision. Enjoy new construction without the hassle of building! Featuring 1,437 heated & cooled sq ft and 2,022 sq ft under roof! Filled with top of the line finishes including granite countertops, a tiled walk-in shower, and walk-in closets in every room, this Denmark Builder's Home will not disappoint! Southern Oaks is one of the few areas around with fiber internet! One-year builder warranty included.
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CB ISAAC REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC520908
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017