500 Park 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 |
|---|---|---|---|
| Jan 13, 2021 | Sold | ||
| Sold | |||
| Dec 4, 2020 | Listed by RE/MAX Leading Edge | $499,900 | |
| Listed by RE/MAX Leading Edge | |||
| Jun 13, 2013 | Sold | ||
| Sold | |||
| Apr 24, 2013 | Listed by LAER Realty Partners | $299,900 | |
| Listed by LAER Realty Partners | |||
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DON'T MISS OUT ON THIS!! FOUR BEDROOM FULL SHED CAPE on 1/2 ACRE LOT with LOADS OF POTENTIAL! COZY THE WAY IT IS OR ROOM FOR EXPANSION. HARDWOOD FLOORS ON FIRST FLOOR, NEWER NATURAL GAS HEAT and NEWER WINDORS. FIREPLACED LIVING ROOM, EAT IN KITCHEN, FULL WALK OUT BASEMENT with HIGH CEILINGS..
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