1
Map
8 Garfield
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 |
|---|---|---|---|
| Jan 31, 2013 | Sold | ||
| Sold | |||
| Mar 9, 2012 | Listed by Seaside Homes, Inc. | $399,500 | |
| Listed by Seaside Homes, Inc. | |||
| Aug 31, 2011 | Listed by Seaside Homes, Inc. | $449,500 | |
| Listed by Seaside Homes, Inc. | |||
| May 10, 2011 | Listed by Seaside Homes, Inc. | $449,500 | |
| Listed by Seaside Homes, Inc. | |||
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COME TO THE BEACH!! Great place for summertime fun with fabulous river views, walk to beach, full heating system and A/C, full basement, good two full baths, plus outside shower, sunroom is perfect and heated, great outside patio, two good bedrooms with good closets, 3rd bdrm has bath in it, could have single bed, crib..whatever the need. Open drm,lvrm and a fully equipped kitchen. Home in excellent condition and ready for new "summer folks". Would make easy rental for extra income. Sea!!
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