720 Enfield Road
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 |
|---|---|---|---|
| Feb 18, 2020 | Sold | ||
| Sold | |||
| Nov 29, 2019 | Listed by Jet Realty, LLC | $672,000 | |
| Listed by Jet Realty, LLC | |||
| Jul 30, 2017 | Listed | $599,900 | |
| Listed | |||
| | |||
|
Recently remodeled home, with large private yard. Open floor plan, bright kitchen with granite and stainless appliances. Brand new stove, dishwasher, hot water heater, all impact windows and doors, including a new impact garage door. 3 bedrooms, plus a den/office. Screened porch overlooks spacious fenced back and side yard. Located in the Lake Ida neighborhood, just a few blocks from Atlantic Ave, Pineapple Grove, and a short bike ride to the beach.The manager has listed the unit size as 1533 square feet.
| |||
| Jul 25, 2016 | Sold | ||
| Sold | |||
| May 11, 2016 | Listed by Jet Realty, LLC | $549,000 | |
| Listed by Jet Realty, LLC | |||
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About Lake Ida Manor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017