701 Pond 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 |
|---|---|---|---|
| Aug 23, 2013 | Sold | ||
| Sold | |||
| Apr 18, 2013 | Listed by RE/MAX Executive Realty | $285,000 | |
| Listed by RE/MAX Executive Realty | |||
| May 28, 2010 | Sold | ||
| Sold | |||
| Jan 20, 2010 | Listed by RE/MAX Executive Realty | $244,900 | |
| Listed by RE/MAX Executive Realty | |||
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Purchase this property for as little as 3% down! This property is approved for Homepath and Homepath Renovation Financing. Property being sold "as-is"/"where-is". Pre-approval or proof of funds required with all offers, $1000.00 deposit (certified funds). Upon accepted offer, P&S and Addendum must be returned within 48 hours or asset will be returned to active status. "All financed offers MUST be accompanied by buyers’ credit report with FICO scores.
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| Jun 28, 2004 | Sold | ||
| Sold | |||
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