70 Progress Street
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 |
|---|---|---|---|
| Nov 25, 2019 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by EXIT Realty All Stars | $199,900 | |
| Listed by EXIT Realty All Stars | |||
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|
Builder Special! This can be an attractive deal to a savvy builder. FARMHOUSE STYLE HOME IN NEED OF REHAB,ON A HUGE LOT,JUST STEPS AWAY FROM THE COMMUTER RAIL.NATURAL WOODWORK THROUGHOUT! 3 GOOD SIZE BEDROOMS. TREMENDOUS POTENTIAL ONCE WORK IS COMPLETED OR TEAR DOWN AND DEVELOP PROPERTY.
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| Apr 5, 2005 | Sold | ||
| Sold | |||
| Sep 2, 2004 | Listed by Success! Real Estate | $299,000 | |
| Listed by Success! Real Estate | |||
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Builder Special! Property is on 2 lots and can be an attractive deal to a savvy builder. Buyer will get all permits. The farmhouse is very spacious and it is located in a family neighborhood. Won't last!
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| Aug 29, 2003 | Sold | ||
| Sold | |||
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