5874 Toucan PLACE
About This Property
We are offering a free interest rate buydown for the first year when you use our preferred lender for your financing. This means that the interest rate would be 1% less than the normal interest rate which could save you hundreds of dollars.
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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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Relisted | $474,900 | |
| Relisted | |||
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed by BLAKE REAL ESTATE INC | $474,900 | |
| Listed by BLAKE REAL ESTATE INC | |||
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About Rainforest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017