7409 Rockaway Blvd.
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 3, 2022 | Sold to Christian Patino | ||
| Sold to Christian Patino | |||
| Oct 4, 2019 | No longer available | - | |
| No longer available | |||
| Jul 26, 2019 | Price Decreased |
$235,000
↓ $75K
(24.2%) | |
| Price Decreased | |||
| Jul 15, 2019 | Listed | $310,000 | |
| Listed | |||
Property Highlights
7409 Rockaway Blvd.
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/15/2019
| |
Studio
|
-
|
-
|
$310,000
Studio
-
|
-
-
|
-
|
Martin Wolf
WOLF MARTIN
|
Building Info
- 2 Units
