551 Sloop Rd #56
About This Property
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 19, 2024 | Sold | $136,000 | |
Sold | |||
Dec 5, 2023 | In contract | - | |
In contract | |||
Nov 27, 2023 | Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY | $135,000 | |
Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/27/2023
|
1 Bed
|
1 Bath
|
-
|
$135,000
1 Bed
1 Bath
|
$136,000
+0.74%
01/19/2024
|
-
|
Cindy Rezabeck
BERKSHIRE HATHAWAY THE PREFERRED REALTY
| |
03/16/2023
|
1 Bed
|
1 Bath
|
-
|
$124,500
1 Bed
1 Bath
|
-
-
|
-
|
Kevin Trumble
Coldwell Banker Realty - Pittsburgh
| |
03/01/2023
|
1 Bed
|
1 Bath
|
-
|
$130,000
1 Bed
1 Bath
|
-
-
|
-
|
Lisa Bossong
KELLER WILLIAMS REALTY
| |
04/22/2022
|
1 Bed
|
1 Bath
|
-
|
$120,000
1 Bed
1 Bath
|
-
-
|
-
|
Elaine Bodnar
COLDWELL BANKER REAL ESTATE
| |
12/30/2021
|
1 Bed
|
1 Bath
|
-
|
$119,900
1 Bed
1 Bath
|
-
-
|
-
|
Donna Fischer
COLDWELL BANKER REALTY
| |
01/21/2020
|
2 Bed
|
2 Bath
|
-
|
$99,900
2 Bed
2 Bath
|
$95,000
-4.90%
03/18/2020
|
Andrew Bencsics
|