551 Davis St
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 30, 2014 | Sold | ||
| Sold | |||
| Mar 5, 2014 | Listed by The LUX Group | $149,900 | |
| Listed by The LUX Group | |||
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Escape to the country! Located just over the Townsend line is the secluded, 2 bedroom cottage on just over 4 acres. This home offers a storybook location with large family room featuring cathedral ceiling and fireplace, overlooking small private river trickling in the back yard. This is a Fannie Mae HomePath property. Buyer is responsible to verify all information since it was obtained from 3rd party sources. Any betterments shall be at the buyers expense.
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| Feb 4, 2014 | Sold | ||
| Sold | |||
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