6934 Miami Street
About This Property
A Wonderful and Expanded 4 bedroom, single story home with a bonus room that could be a 5th bedroom or a family room. Living room with a cozy fireplace. Dining area right off of the newly remodeled kitchen with granite counters, recessed lighting, kitchen has french doors that lead to the covered patio and backyard. Newer roof, ac/heater, flex/copper plumbing and windows.
Both bathrooms have been remodeled, jacuzzi tub in master bath. Master bedroom has a slider that opens up to its own patio. Home is on a culdesac with RV parking and an extended driveway. Oversized private backyard has plenty of room to build a pool.
7 types of fruit trees are in the backyard. Easy freeway access, close to schools and shopping. Excellent school district !
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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 |
|---|---|---|---|
| Dec 30, 2022 | No longer available | - | |
| No longer available | |||
| Nov 9, 2022 | In contract | - | |
| In contract | |||
| Oct 25, 2022 | Price Decreased |
$640,000
↓ $35K
(5.2%) | |
| Price Decreased | |||
| Sep 11, 2022 | Relisted | $675,000 | |
| Relisted | |||
| Sep 2, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017