2.5 James Street
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 |
|---|---|---|---|
| Jul 7, 2020 | Sold | ||
| Sold | |||
| Apr 10, 2016 | Sold | ||
| Sold | |||
| Mar 16, 2016 | Listed by Skye Mountain Realty, Inc. | $24,987 | |
| Listed by Skye Mountain Realty, Inc. | |||
| | |||
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___* INVESTORS TAKE NOTE * __ THE WORK HAS BEEN STARTED FOR YOU - Interior has been gutted and re-framing of rooms has already begun. Open first floor will be an attractive feature for a buyer once the house is completed. A small addition on the back was slated for an additional bath & 1st floor laundry - (there was another bath on the 2nd floor). ALL fixtures have been removed from the house and you essentially have a clean slate. The exterior is mostly sided & there are some insulated windows & doors. This is the 2nd to the last house on a dead-end street. Good opportunity for a flip and make some money or remodel and keep as a rental property for long term income potential. Owner will consider ALL reasonable offers.
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| Jun 23, 2000 | Sold | ||
| Sold | |||
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