7 Aspen Dr
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 |
|---|---|---|---|
| Sep 4, 2020 | Sold | ||
| Sold | |||
| Jul 29, 2010 | Sold | ||
| Sold | |||
| May 26, 2010 | Listed by Jayne Witkie | $134,900 | |
| Listed by Jayne Witkie | |||
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Great price for this property in need of rehab! Great backyard, deck. Seller never lived in home & has no info regarding its condition or history.Acceptance of good faith monies in escrow w/out an executed P&S Agreement doesn't bind seller. Contracts must be returned w/in 48 hrs from receipt or seller will cancel. Buyer/buyer agent to complete all due diligence to buyer's satisfaction. Buyers cannot be given LB code & must be accompanied! All offers must be accompanied by a Wells Fargo pre-app
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