5 Brooks Pond Point Road
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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 21, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $229,900 | |
| Listed | |||
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Long time family owned property w/ waterfront on beautiful Brooks Pond....private location on privately owned pond @ end of private road...cottage w/ main level bedroom and finished LL that has been used as a bedroom. 2 fieldstone fireplaces. Sliders on both lower level & main level - livingroom walkout to deck overlooking the water; LL ground level walkout under deck. Ideal for buyer looking for less to maintain, and the pond is enjoyed year round: swimming, small boats (electric motors only, no gasoline, no jet skiis), pontoon boats, canoes, kayaks, sail boats, fishing, cross country skiing, ice fishing, (no ski mobiles, no ATVs, no gasoline augers). Potential to increase the living area by expanding the attic.The manager has listed the unit size as 616 square feet.
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| Apr 8, 2017 | Listed by RE/MAX Advantage 1 | $219,900 | |
| Listed by RE/MAX Advantage 1 | |||
| Nov 1, 1971 | Sold | ||
| Sold | |||
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