1
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50 Rowell Rd
About This Property
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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 |
|---|---|---|---|
| Jun 18, 2020 | Sold | ||
| Sold | |||
| Oct 2, 2008 | Sold | ||
| Sold | |||
| Apr 23, 2008 | Listed by LAER Realty Partners | $465,000 | |
| Listed by LAER Realty Partners | |||
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MUCH DESIRED LAKE ARCHER WATERFRONT-PANARAMIC VIEWS FROM 1ST & 2ND FLOOR WRAP AROUND PORCHES THAT ARE CANTILEVERED OVER THE WATER-LOVELY LANDSCAPED FLAT LAKE LEVEL LOT WITH MATURE PLANTINGS-BRAND NEW TTTLE 5 SEPTIC SYSTEM-DOCK-16'X10' STORGAE SHED-PROPANE HEATED GREENHOUSE-3/4 BEDROOMS-2 BATHS-QUIET PRIVATE STREET-FANTASTIC VIEWS FROM ALL ROOMS-MOVE IN CONDITION!!IMMEDIATE OCCUPANCY-YOU CAN BE ON THE WATER FOR THE SUMMER-JUST ADD YOUR SWIM SUIT & BOAT-GREAT FISHING & BOATING
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