7609 US 2 Route
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 |
|---|---|---|---|
| Sep 15, 2018 | No longer available | - | |
| No longer available | |||
| Sep 13, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $349,000 | |
| Listed | |||
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This historic schoolhouse has been transformed into a beautiful year round waterfront home and every effort was made to combine elements of the past with the comforts of an up to date and efficient home. Sited on a surprisingly private lot with over 400ft of direct lakefront and easy access to the water, this home features original hardwood floors throughout the bright and open living space, a spacious master suite, and plenty of character. The manager has listed the unit size as 2031 square feet.
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| Mar 28, 2018 | Listed by Coldwell Banker Islands Realty | $349,000 | |
| Listed by Coldwell Banker Islands Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017