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60 Davis St
About This Property
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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 |
|---|---|---|---|
| Sep 1, 2011 | Sold | ||
| Sold | |||
| May 13, 2010 | Listed by Conway - Hanover | $267,500 | |
| Listed by Conway - Hanover | |||
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Hanover neighborhood~Location! Commuter dream location! A great opportunity at this price point in Hanover. Perfect as a condo alternative. Oversized Family room with fireplace open to Dining room with slider to deck overlooking large private backyard. Kitchen, Mudroom, Large master plus 2 bedrooms, 1 full bath, and 2 car garage! Large private backyard! New Title V~Ready to move in and call HOME! NOT a short sale.
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| Aug 28, 1992 | Sold | ||
| Sold | |||
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