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6 Democracy Dr
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Dec 13, 2020 | Listed by Daher Companies | $425,000 | |
| Listed by Daher Companies | |||
| Feb 22, 2011 | Sold | ||
| Sold | |||
| Dec 3, 2010 | Listed by T.A. Sullivan Agency Inc. | $149,900 | |
| Listed by T.A. Sullivan Agency Inc. | |||
| | |||
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3 Bedroom Grambrel located in a cul de sac, over an acre of land. 2 full baths. Large yard. Close to major routes. Freeze damage. Cash or Rehab loan only. You can purchase this property for as little 3% down. It is approved for HomePath Renovation. Close by December 31, 2010 and receive up to 3.5% in closing cost assistance! Only buyers purchasing a HomePath property as an owner occupant. Plus selling agent receives $1500 bonus
| |||
| Apr 19, 2010 | Listed by Daher Companies | $149,900 | |
| Listed by Daher Companies | |||
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