550 Portion 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 |
|---|---|---|---|
| Aug 1, 2019 | Sold | ||
| Sold | |||
| Jan 4, 2019 | No longer available | - | |
| No longer available | |||
| Jan 2, 2019 | In contract | - | |
| In contract | |||
| Aug 30, 2018 | Listed by Century 21 Bays Edge Realty In | $100,000 | |
| Listed by Century 21 Bays Edge Realty In | |||
| | |||
|
.30 Acre Lot Between Ackelry Lane And Laurel Road Near Residential Neighborhood . Located On High Visibility And High Traffic Area Of Portion Road In J Zone. Contains Over 300 Feet Of Total Street Frontage.
| |||
| Jun 17, 2017 | Price Decreased |
$100,000
↓ $50K
(33.3%) | |
| Price Decreased | |||
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About Holbrook
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Data Source: OneKey MLS
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