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Lot 7 Audubon Lane
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 |
|---|---|---|---|
| Jun 14, 2010 | Sold | ||
| Sold | |||
| May 7, 2009 | Listed by Hammond Residential Real Estate | $800,000 | |
| Listed by Hammond Residential Real Estate | |||
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Tree covered lot at the far left corner of the cul de sac on Audubon Lane. Elevated location with simply beautiful views. Frontage of 110+ Feet. Non-conforming, Buildable lot. Easy access to major routes, shopping public transportation and trails through conservation land.
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