702 MIRANDA Road
About This Property
This home is the estate of the Sellers' parents; probate is finished.
Sellers have not occupied the house and have limited information. Sellers' Disclosure completed to the best of their ability. AC, roof, septic system and pool have been inspected and are in working condition. Home offered "As Is" but all inspections are welcomed!
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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 19, 2019 | Sold | ||
| Sold | |||
| Jul 12, 2019 | Listed by PRIME REAL ESTATE COMPANY | $243,400 | |
| Listed by PRIME REAL ESTATE COMPANY | |||
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About St. Augustine South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017