LOT 5 Gray Road
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 11, 2002 | Sold | ||
| Sold | |||
| Apr 16, 2002 | Listed by RE/MAX Property Promotions | $239,900 | |
| Listed by RE/MAX Property Promotions | |||
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STRAWBERRY FIELDS, AREA OF EXECUTIVE COLONIALS SIMILAR TO BE BUILT. 2000+S.F. 7RM, 3BR, 2 1/2 BATH W/2 CAR GARAGE, FRM W/VAULTED CEILING, PALLADIUM WINDOW. FHA/OIL, DECK, WALK-UP 3RD FLOOR. COUNTRY 1+ACRE LOT, MINUTES TO RT2.
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