
1
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76 Island Terrace
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 |
---|---|---|---|
Jun 28, 2024 | Sold | ||
Sold | |||
Jun 16, 2024 | In contract | - | |
In contract | |||
May 23, 2024 | Price Increased |
$429,900
↑ $900
(0.2%) | |
Price Increased | |||
May 23, 2024 | Listed by Weichert Realtors, Ridgewood | $429,000 | |
Listed by Weichert Realtors, Ridgewood | |||
Oct 24, 2019 | Sold to Slawomir Zielonski | ||
Sold to Slawomir Zielonski |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/23/2024
| |
2 Bed
|
1 Bath
|
-
|
$429,000
2 Bed
1 Bath
|
$500,000
+16.55%
06/28/2024
|
-
|
Mary Ann DeAlto
Weichert Realtors
|
Building Info
