515 Couse Road
About This Property
Master suite on second level with new full bath with shower. Additional storage under eaves on second floor. Full finished basement with home office. Central air, newer windows and new hot water heater. Paver walkway. Close proximity to all major transportation, medical centers, schools beaches and shopping.
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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 |
|---|---|---|---|
| Apr 19, 2021 | Sold | ||
| Sold | |||
| Dec 21, 2020 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Ocean | $399,900 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Ocean | |||
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About Neptune
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017