507 Alcazar COURT
About This Property
2-car garage and additional screen garage door, updated bathrooms, and Luxury Vinyl Plank Flooring. Vaulted Ceilings. Hardwood cabinets enhance the large Eat-In Kitchen with a breakfast bar. Generous living and dining areas. Spacious Primary Bedroom with walk-in closet and updated En Suite with double sink and walk-in shower. The second bedroom offers ample floor and closet space. The updated second bath provides guests with a bathtub and shower. Screened Lanai offers outdoor relaxation and seating comfort.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 3, 2023 | Sold to Phyllis Demartini | $299,900 | |
Sold to Phyllis Demartini | |||
Jun 1, 2023 | Listed by ROBERTS REAL ESTATE INC | $299,900 | |
Listed by ROBERTS REAL ESTATE INC | |||
Dec 6, 2013 | Sold to Barry Foster, Karen Foster | $170,000 | |
Sold to Barry Foster, Karen Foster | |||
Dec 3, 2001 | Sold to Darrel L Cowan, June Cowan | $124,900 | |
Sold to Darrel L Cowan, June Cowan |
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About Orange Blossom Gardens
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