5 Persimmon Drive
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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 |
|---|---|---|---|
| Mar 7, 2022 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by Coldwell Banker Realty | $74,900 | |
| Listed by Coldwell Banker Realty | |||
| Jan 9, 2022 | No longer available | - | |
| No longer available | |||
| Sep 23, 2021 | Price Decreased |
$74,900
↓ $5K
(6.4%) | |
| Price Decreased | |||
| Jul 9, 2021 | Listed by Coldwell Banker Realty | $80,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Price reduced ...Bring all offers ! Privacy and Beauty on the Lagoon! Neighborhood is very quiet with winding lagoons to the Bay. Close to Route 9 with shopping, restaurants, short drive to the Garden State parkway, Long Beach Island and Atlantic City. Buyers should do due diligence with the town. Owner states permits and approvals have been granted in the past.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017