7 Point Pleasant Ave
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 21, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed by Century 21 Lake Realty | $789,900 | |
| Listed by Century 21 Lake Realty | |||
| Aug 14, 2015 | Sold | ||
| Sold | |||
| Jul 11, 2014 | Sold | ||
| Sold | |||
| Apr 9, 2014 | Listed by Lake Realty | $199,900 | |
| Listed by Lake Realty | |||
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WEBSTER LAKE!!! Waterfront Cottage on Middle Pond Facing East with Panoramic Views over a Wide Expanse of the Lake! Keep the Cottage, Remodel It or Tear It Down... Ideal for Those Who Just Want Access to the Best Lake Around! Presently there is a Usable Kitchen, Living Room, Bedroom and Bathroom, a Second Bedroom is there But More "Cottage Rustic"! The "Finished Rooms" Have Evidence of Fiberglass Insulation in the Walls... Being Sold "As Is"! Owner's haven't used it in years, remodeling and recent use having been done by a distant family in-law, they don't know what and how it was done... Very Good Potential with Limitations!!!
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