
29
Map


7945 Lake Road #116
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 |
---|---|---|---|
Jul 11, 2024 | Sold | ||
Sold | |||
Jun 11, 2024 | In contract | - | |
In contract | |||
May 22, 2024 | Listed by Howard Hanna | $79,000 | |
Listed by Howard Hanna |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/01/2024
|
Loft
|
-
|
-
|
$45,000
Loft
-
|
$45,000
07/31/2024
|
-
|
Darlene Maimone
Howard Hanna
| |
06/26/2024
|
1 Bed
|
1 Bath
|
-
|
$49,900
1 Bed
1 Bath
|
$35,000
-29.86%
09/06/2024
|
-
|
Jeffrey Scofield
RE/MAX Plus
| |
06/25/2024
|
2 Bed
|
-
|
-
|
$55,000
2 Bed
-
|
$40,000
-27.27%
10/18/2024
|
-
|
Angela Serratore
Blain Realty, Inc.
| |
06/16/2024
|
1 Bed
|
1 Bath
|
-
|
$62,500
1 Bed
1 Bath
|
$62,500
07/31/2024
|
-
|
Darlene Maimone
Howard Hanna
| |
06/16/2024
|
Loft
|
-
|
-
|
$37,500
Loft
-
|
$22,500
-40.00%
07/31/2024
|
-
|
Darlene Maimone
Howard Hanna
| |
06/04/2024
|
1 Bed
|
1 Bath
|
-
|
$59,900
1 Bed
1 Bath
|
$55,000
-8.18%
07/23/2024
|
-
|
Daniela Polidor
Empire Realty Group
| |
05/22/2024
|
1 Bed
|
1 Bath
|
-
|
$79,000
1 Bed
1 Bath
|
$79,000
07/11/2024
|
-
|
Darlene Maimone
Howard Hanna
| |
08/30/2023
|
1 Bed
|
1 Bath
|
-
|
$49,000
1 Bed
1 Bath
|
$55,000
+12.24%
10/20/2023
|
-
|
Tim Reynolds
Cornerstone Realty Associates
| |
08/29/2023
| |
1 Bed
|
1 Bath
|
-
|
$58,000
1 Bed
1 Bath
|
$51,100
-11.90%
11/13/2023
|
-
|
Gail Vanderbrook
Howard Hanna
|
07/28/2023
|
Loft
|
-
|
-
|
$99,900
Loft
-
|
$90,000
-9.91%
10/03/2023
|
-
|
Tim Reynolds
Cornerstone Realty Associates
| |
04/17/2023
|
Studio
|
1 Bath
|
-
|
$30,000
Studio
1 Bath
|
$22,500
-25.00%
06/14/2023
|
-
|
Marissa DelVecchio
RE/MAX Realty Group
| |
04/22/2022
|
2 Bed
|
1 Bath
|
288 ft²
|
$89,900
2 Bed
1 Bath
288 ft²
|
-
-
|
-
|
Kristin M Miller-Gutberlet
Cornerstone Realty Associates
| |
10/11/2021
|
2 Bed
|
1 Bath
|
640 ft²
|
$49,900
2 Bed
1 Bath
640 ft²
|
-
-
|
-
|
Mark Smith
Cornerstone Realty Associates
| |
06/24/2020
| |
1 Bed
|
1 Bath
|
248 ft²
|
$30,000
1 Bed
1 Bath
248 ft²
|
-
-
|
-
|
-
|
08/09/2019
|
Studio
|
-
|
-
|
$22,000
Studio
-
|
-
-
|
-
|
-
| |
06/23/2019
|
Studio
|
-
|
-
|
$28,000
Studio
-
|
-
-
|
-
|
-
| |
05/08/2019
|
1 Bed
|
1 Bath
|
716 ft²
|
$44,900
1 Bed
1 Bath
716 ft²
|
-
-
|
-
|
-
| |
03/30/2019
|
1 Bed
|
1 Bath
|
288 ft²
|
$29,900
1 Bed
1 Bath
288 ft²
|
-
-
|
-
|
-
| |
09/15/2018
|
1 Bed
|
1 Bath
|
224 ft²
|
-
1 Bed
1 Bath
224 ft²
|
-
-
|
-
|
-
| |
09/15/2018
|
Studio
|
-
|
224 ft²
|
-
Studio
-
224 ft²
|
-
-
|
-
|
-
| |
07/30/2017
| |
1 Bed
|
1 Bath
|
604 ft²
|
-
1 Bed
1 Bath
604 ft²
|
-
-
|
-
|
-
|
Building Info
