6197 Florence 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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2023 | Listed by ABR Realty Group, LLC | $475,000 | |
| Listed by ABR Realty Group, LLC | |||
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*New Roof* Beautiful 4-Sided Brick Home with Luxurious Finishes, this home offers 4 Oversized Bedrooms and 2.5 Baths on a Full Unfinished Basement and is Great for Entertaining. Upon entry you're greeted by Soaring Ceilings, Formal Living Room and Dining Room an Open Gourmet Kitchen with Island and Granite Counter Tops. The Master Suite is huge with a massive walk-in closet and an En-suite with a Soaking Tub, Tile Shower, Double Vanity, and a Water Closet.
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| Nov 15, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Listed by Solutions First Realty, LLC. | $252,500 | |
| Listed by Solutions First Realty, LLC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017