LOT 8 Brookside Drive
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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 |
|---|---|---|---|
| Feb 9, 2007 | Sold | ||
| Sold | |||
| Apr 28, 2006 | Listed by Conway - Pocasset | $179,000 | |
| Listed by Conway - Pocasset | |||
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BROOKSIDE DRIVE-ALL SET TO GO! APPROVED. WELL COMPLETE WITH PUMP AND TANK AND 5 BEDROOM APPROVED SEPTIC PLAN. IN GREAT LOCATION ON ROCHESTER/LAKEVILLE LINES. PROPERTY PERKED, ALL CLEARING DONE, ALL FILL NECESSARY ONSITE AND ALL LOAM NECESSARY ONSITE. $2,200.00 BUILDING PERMIT FEE PAID. TEMPORARY ELECTRIC SERVICE ALREADY INSTALLED. FACSIMILE PLAN CAN BE INCLUDED.
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