Lots 6 + 7 Oak Street
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 |
|---|---|---|---|
| May 3, 2013 | Sold | ||
| Sold | |||
| Jan 24, 2013 | Listed by CW Realty | $75,000 | |
| Listed by CW Realty | |||
| | |||
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Soils consist of loamy sands and the water table was encounted at 126 inches. It will need to be determined if there is two hundred foot distance from neighboring wells. It appears that the location of the neighboring wells may require a variance. Even if this is the case a strong appeal can be made. Call and we can discuss.
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| Aug 19, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017