lot 7 Briarcliff
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 |
|---|---|---|---|
| Dec 16, 2011 | Sold | ||
| Sold | |||
| Jan 29, 2011 | Listed by New Heights Real Estate | $569,000 | |
| Listed by New Heights Real Estate | |||
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Quality Built New Construction! Great West Side location! Incredible new design with oversized 3 Car Garage. 4 Large Bedrooms and 3 Baths ~ Large eat-in-kitchen w/ granite & SS appliances ~ Great room ~ Master bath w/ Jet-tub and tile stand-up shower ~ Hardwood floors ~ 2x6 framing on exterior walls ~ Steel I beam in basement ~ Professionally landscaped ~ This incredible home can be built on a number of different lots in this exciting new 12 lot subdivision!
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