4
Map
6151 SE Federal Highway
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 |
|---|---|---|---|
| Oct 12, 2021 | Sold | ||
| Sold | |||
| Feb 8, 2021 | Listed by Illustrated Properties LLC / Sewalls Point | $600,000 | |
| Listed by Illustrated Properties LLC / Sewalls Point | |||
| Jan 13, 2021 | No longer available | - | |
| No longer available | |||
| Apr 6, 2018 | Listed | $550,000 | |
| Listed | |||
| | |||
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Highly visible 2.51 acres, with 500' located directly on busy US-1, just south of Cove Rd offering quick access to I-95 & Trnpk. Signalized intersection with turning lanes, pedestrian crosswalk & sidewalk. Municipal water and sewer are available. Between a storage facility & a busy shopping center with Publix as an anchor. Plans exist for 16,000+ sq. foot medical office building. R-3A and Commercial zoning with Future Land Use of Commercial, Office, Residential (COR1).
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| Jul 2, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017