6 Melbourne St
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 |
|---|---|---|---|
| Jun 28, 2019 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by Ocean Real Estate | $199,800 | |
| Listed by Ocean Real Estate | |||
| Jan 22, 2019 | Sold | ||
| Sold | |||
| Apr 29, 2005 | Sold | ||
| Sold | |||
| Jan 24, 2005 | Listed by George Russell Realty, LLC | $169,000 | |
| Listed by George Russell Realty, LLC | |||
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ESTATE SALE, SOLD AS IS. WHY PAY RENT BUILD EQUITY!!! LIVING ROOM AND DINING ARE ONE LONG ROOM WHICH HAS BEEN MEASURED TOGETHER. TWO BEDS, WALK UP ATTIC ,FULL BASEMENT. QUIET NEIGHBORHOOD ENCLOSED PORCH, COME SEE.
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