60 Velina Drive
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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 25, 2024 | Sold | $230,000 | |
| Sold | |||
| Dec 13, 2023 | In contract | - | |
| In contract | |||
| Nov 28, 2023 | Listed by Miuccio Real Estate Group | $239,999 | |
| Listed by Miuccio Real Estate Group | |||
| Mar 7, 2007 | Sold to Tina Marie Cascone | $165,000 | |
| Sold to Tina Marie Cascone | |||
Property Highlights
60 Velina Drive
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/28/2023
| |
2 Bed
|
2 Bath
|
-
|
$239,999
2 Bed
2 Bath
|
$230,000
-4.17%
01/25/2024
|
-
|
Joseph Amiccuci
Miuccio Real Estate Group
|
|
12/05/2006
| |
2 Bed
|
2 Bath
|
-
|
$170,000
2 Bed
2 Bath
|
$165,000
-2.94%
03/07/2007
|
Fraida Varah
Fraida Varah Real Estate Group
| |
|
09/25/2003
| |
2 Bed
|
2 Bath
|
-
|
$127,000
2 Bed
2 Bath
|
$124,000
-2.36%
10/22/2003
|
-
|
Dora Donnelly
Howard Hanna
|
|
01/16/2001
| |
2 Bed
|
2 Bath
|
-
|
$99,000
2 Bed
2 Bath
|
$97,000
-2.02%
04/30/2001
|
-
|
Zenie B Gladieux
Weichert Realtors Northeast Gp
|
Building Info
About Westmere
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Miuccio Real Estate Group
Last Updated: 11 months ago
Data Source: Global MLS , MLS# 202328863
