56 Gagnon 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 |
|---|---|---|---|
| Aug 6, 2019 | Sold | ||
| Sold | |||
| Dec 1, 2018 | Listed by Ponte & Associates Real Estate | $259,999 | |
| Listed by Ponte & Associates Real Estate | |||
| Jun 8, 2018 | Sold | ||
| Sold | |||
| May 19, 2018 | Listed by Ponte & Associates Real Estate | $135,000 | |
| Listed by Ponte & Associates Real Estate | |||
| | |||
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Always dreamed of buying & flipping houses but financing was a problem?? Well here you go........Own this home with $10k down payment, no payments for 3 months while your repairing it, after 3 months if your not done or sold it, then an interest only payment of (10%) on agreed 1st mortgage price is due. The listing price is all you would owe when you sell it, what ever is over this price is your profit! (minus your expenses)-Your investment would be product to finish and your time..or make me an offer take it as is, has a new roof & updated electrical, all framed out for a 3 bedroom. Rehab project plans are available. DON'T MISS OUT ON AN OPPORTUNITY OF A LIFETIME!
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| Oct 5, 2017 | Sold | ||
| Sold | |||
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