7001 Suzanne Lane
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 29, 2024 | Sold | ||
Sold | |||
May 19, 2024 | In contract | - | |
In contract | |||
May 17, 2024 | Listed by Walton Realty Group | $275,000 | |
Listed by Walton Realty Group | |||
Apr 11, 2018 | Sold to Miranda E Downs | ||
Sold to Miranda E Downs | |||
Jan 29, 1996 | Sold to Catherine Hale | ||
Sold to Catherine Hale |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/17/2024
| |
2 Bed
|
2 Bath
|
-
|
$275,000
2 Bed
2 Bath
|
$325,000
+18.18%
07/29/2024
|
-
|
Jihan Dawud
Walton Realty Group
|
07/30/2020
| |
2 Bed
|
2 Bath
|
-
|
$220,000
2 Bed
2 Bath
|
$220,000
10/19/2020
|
-
|
Mary Gibson
Four Seasons Sothebys Int RE
|