56 June 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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed by Douglas Elliman Real Estate | $450,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Discover an exceptional investment opportunity with a 3-bedroom, 1-bathroom home, perfectly nestled on a tranquil dead-end street. Situated on a shy quarter acre lot, this property offers both privacy and ample space for future enhancements.This property presents a solid investment opportunity with its versatile features. The generous lot size and detached garage add significant value, while the dead-end street location promises a serene living experience. Whether you're looking to rent out or enhance and resell, this home offers promising returns on investment.
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