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7 Glen Avenue
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 30, 2010 | Sold | ||
| Sold | |||
| May 20, 2010 | Listed | $329,900 | |
| Listed | |||
| Apr 28, 2005 | Sold | ||
| Sold | |||
| May 25, 1999 | Sold | ||
| Sold | |||
| Dec 30, 1998 | Listed | $159,900 | |
| Listed | |||
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VINYL SIDED CAPE WITH POTENTIAL IN DESIREABLE MELROSE! BECAME VACANT 2-11-99 AND CAN NOW BE SHOWN. EASY TO SHOW. CALL FOR COMBO AND SHOW AT YOUR CONVENIENCE.CORPORATE OWNED AS-IS.NO REPRESENTATIONS. AGENTS FAX OFFERS TO 508-543-3262
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