6116 SIMPIA Drive
About This Property
While the interior needs some TLC, it presents a wonderful opportunity to personalize every detail to your taste. The bright and spacious eat-in kitchen is ideal for morning coffee or family dinners.
Step outside to a generously sized backyard, perfect for gardening, play, or entertaining. Imagine summer barbecues and creating your own outdoor oasis.
Priced at an incredible $131,000, this home is a fantastic find for first-time buyers, DIY enthusiasts, or savvy investors looking for great value.
Conveniently located in a friendly neighborhood, this home is close to schools, shopping, and dining.
Don't miss out on this unique opportunity! Schedule a showing today and envision the possibilities at 6116 Simpia. Act fast-this charming home won't be on the market for long!
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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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by RE/MAX Associates | $131,000 | |
| Listed by RE/MAX Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017