566 Heath St #1
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 |
---|---|---|---|
Nov 3, 2023 | Sold to Niki Abrishamian | $830,000 | |
Sold to Niki Abrishamian | |||
Oct 17, 2023 | In contract | - | |
In contract | |||
Oct 10, 2023 | Price Decreased |
$850,000
↓ $50K
(5.6%)
|
|
Price Decreased | |||
Sep 20, 2023 | Listed by William Raveis R. E. & Home Services | $900,000 | |
Listed by William Raveis R. E. & Home Services | |||
May 15, 2019 | Sold to Katie M Czado, Ryan P Czado | $750,000 | |
Sold to Katie M Czado, Ryan P Czado |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/20/2023
|
2 Bed
|
2 Bath
|
-
|
$900,000
2 Bed
2 Bath
|
$830,000
-7.78%
11/03/2023
|
Emma Guardia Roland Rambaud & Team
William Raveis R. E. & Home Services
|
||
08/09/2023
|
2 Bed
|
2 Bath
|
-
|
$749,900
2 Bed
2 Bath
|
$725,000
-3.32%
10/02/2023
|
Christopher Mehr
Full Circle Realty LLC
|
||
04/22/2019
|
2 Bed
|
2 Bath
|
-
|
$675,000
2 Bed
2 Bath
|
$657,500
-2.59%
07/16/2019
|
Christopher Mehr
Full Circle Realty LLC
|
||
06/13/2018
|
3 Bed
|
2 Bath
|
-
|
$699,000
3 Bed
2 Bath
|
$699,000
08/22/2018
|
-
|
Loren Larsen
Compass
|
|
10/05/2016
|
2 Bed
|
2 Bath
|
-
|
$624,999
2 Bed
2 Bath
|
$625,000
+0.00%
01/03/2017
|
Ben Resnicow
Commonwealth Standard Realty Advisors
|
||
04/02/2013
|
2 Bed
|
2 Bath
|
-
|
$519,000
2 Bed
2 Bath
|
$505,000
-2.70%
06/17/2013
|
-
|
Cheryl Steverman
Coldwell Banker Realty - Brookline
|
|
03/06/2012
|
3 Bed
|
2 Bath
|
-
|
$519,000
3 Bed
2 Bath
|
$500,000
-3.66%
06/25/2012
|
-
|
Dan Keating
Coldwell Banker Realty - Brookline
|
|
05/01/2007
|
3 Bed
|
2 Bath
|
-
|
$499,000
3 Bed
2 Bath
|
$495,000
-0.80%
09/20/2007
|
-
|
Cheryl Steverman
Coldwell Banker Realty - Brookline
|
|
04/18/2007
|
2 Bed
|
2 Bath
|
-
|
$419,900
2 Bed
2 Bath
|
$408,000
-2.83%
08/31/2007
|
Rachel Hillman Foy
Hillman Homes
|