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53 Newcastle Road
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 |
|---|---|---|---|
| Mar 21, 2017 | Sold | ||
| Sold | |||
| Dec 29, 2016 | Sold | ||
| Sold | |||
| Nov 21, 2006 | Sold | ||
| Sold | |||
| Sep 23, 2006 | Listed by Century 21 Tradition | $419,900 | |
| Listed by Century 21 Tradition | |||
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Gardner Park area. 5 bed/2 full bath Cape. New 2nd fl addition w/3 bed and full tile bath w/skylight. Lots of storage space. 2 yr old kitchen with new cabinets, counters and HW. New roof,vinyl siding, windows, and water htr. FP living room w/built-ins/HW flr. Dining room with built-in china cabinet/HW flrs.2 beds are loc on the 1st flr both w/HW and full bath.New front entry incl new door/masonry work.30X16 Family rm LL NOT INC in SF. Lovely yard w/storage shed and above ground pool. A MUST SEE
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