7245 Highway 212
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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Price Decreased |
$132,000
↓ $68K
(34%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$200,000
↓ $30K
(13%) | |
| Price Decreased | |||
| Mar 26, 2025 | Price Decreased |
$230,000
↓ $20K
(8%) | |
| Price Decreased | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About Newton
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Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10472493
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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