5 Park Road E
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Cap Rate Calculator
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 |
---|---|---|---|
Feb 19, 2025 | In contract | - | |
In contract | |||
Feb 12, 2025 | Price Increased |
$69,000
↑ $14K
(25.5%) | |
Price Increased | |||
Feb 5, 2025 | Listed by HUNT Real Estate Corporation | $55,000 | |
Listed by HUNT Real Estate Corporation | |||
Jan 31, 2014 | Sold to Harold Mcwilliams | ||
Sold to Harold Mcwilliams | |||
Aug 20, 2007 | Sold to Tom R Phelps | ||
Sold to Tom R Phelps |
Property Highlights
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Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
