20
Map
7040 N Hwy U.S. 1 #101
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2015 | Sold | ||
| Sold | |||
| Oct 1, 2015 | Listed by RE/MAX Solutions | $110,000 | |
| Listed by RE/MAX Solutions | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/24/2020
|
2 Bed
|
2 Bath
|
1002 ft²
|
$199,999
2 Bed
2 Bath
1002 ft²
|
-
-
|
-
| |
|
10/01/2015
|
2 Bed
|
2 Bath
|
1186 ft²
|
$110,000
2 Bed
2 Bath
1186 ft²
|
$100,000
-9.09%
10/27/2015
|
June Mogavero
RE/MAX Solutions
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017