55 Farries Avenue
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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2023 | Listed by Keller Williams Realty | $300,000 | |
| Listed by Keller Williams Realty | |||
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Make your own memories. Build your own dream. But most of all, you will feel the energy of the land and the dreams that it holds. You can almost hear the stories of the people who have been here before and the stories that have yet to be told. You can feel the peacefulness and the magic of the land and it will stay with you forever.
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