575 Starnes Road
About This Property
You'll find the creek running parallel to the road.
Because of high moisture content in the soil, this property does not perk. It can be used as camp ground, recreational land, and agricultural land.
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| May 10, 2025 | Relisted | $15,000 | |
| Relisted | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Relisted | $15,000 | |
| Relisted | |||
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Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4221999
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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