78 Broadway
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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 |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | In contract | - | |
| In contract | |||
| Sep 14, 2023 | Listed by Newman Realty Inc | $639,000 | |
| Listed by Newman Realty Inc | |||
| Feb 23, 2015 | Sold | ||
| Sold | |||
| Nov 9, 2014 | Listed by Ed McNulty Realty LLC | $320,000 | |
| Listed by Ed McNulty Realty LLC | |||
| | |||
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Charming & Pristine Cape In The Heart Of Malverne. Walking Distance To Village And Lirr. Spacious Master Bedroom, Br & Bath On 1st Floor. Open Living Room & Dining Room. Wood Floors Throughout. Tiled Kitchen With Access To Deck & Lovely Backyard. 2 Roomy Bedrooms On 2nd Floor With Room To Add A Bath. Spacious Partially Finished Full Basement. Washer & Dryer. Full Garage.
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About Malverne
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Data Source: OneKey MLS
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