73 Forsythe Street
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 |
---|---|---|---|
Dec 11, 2023 | Sold to Virginia B Gunnison | ||
Sold to Virginia B Gunnison | |||
Oct 25, 2023 | In contract | - | |
In contract | |||
Oct 18, 2023 | Price Decreased |
$219,900
↓ $10K
(4.4%) | |
Price Decreased | |||
Oct 7, 2023 | Listed by HOWARD HANNA | $229,900 | |
Listed by HOWARD HANNA | |||
May 11, 2017 | Sold to Emily Lee | ||
Sold to Emily Lee |