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50 Midland St
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 |
|---|---|---|---|
| Sep 26, 2007 | Sold | ||
| Sold | |||
| Aug 10, 2007 | Listed by Hammond Residential | $239,900 | |
| Listed by Hammond Residential | |||
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PRICED $60k BELOW ASSESSED VALUE--SO MUCH HOUSE FOR THE MONEY!!! Tall ceilings, grand entrance foyer, formal fp'd living room with built-ins and heated sunroom off,bright formal dining with built-ins,large eat-in kitchen with corner sink and entrance to deck overlooking large flat rear yard. The second floor offers 3 bedrooms with master having direct access to bath,office/nursery,full bath and walk up to attic level.
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| Aug 23, 1999 | Sold | ||
| Sold | |||
| May 17, 1999 | Listed by RE/MAX Property Promotions | $169,900 | |
| Listed by RE/MAX Property Promotions | |||
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WALK TO EVERYTHING! FAMILY HOME HAS IT ALL-UPDATED KITCHEN,3 LG BR'S PLUS NURSERY OR OFFICE,FP'D 25" LR,BUILTINS IN DR+, AND WONDERFUL SOUTHERN EXPOSURE IN THE HEATED SUNROOM! HUGE LEVEL YARD W/RAISED SHADED DECK,MATURE PLANTINGS,GARAGES...
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