LOT 5 Highland 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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2004 | Sold | ||
| Sold | |||
| Sep 15, 2000 | Sold | ||
| Sold | |||
| Jun 21, 2000 | Listed by Ed Madden Real Estate | $269,900 | |
| Listed by Ed Madden Real Estate | |||
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TWO FOR ONE--MAIN HOUSE WITH COTTAGE. LARGE L-SHAPED RANCH WITH 2 CAR GARAGE,LARGE PRIVATE YARD. 4-ROOM COTTAGE INCL. ,GREAT FOR 2ND INCOME OR INLAW USE.NEW SEPTIC SYSTEM. WALK TO ELEM. SCHOOL PENTUCKET SYSTEM
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| Jan 27, 1999 | Sold | ||
| Sold | |||
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