Lot 8 Hickory 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 |
|---|---|---|---|
| Oct 19, 2012 | Sold | ||
| Sold | |||
| Aug 6, 2012 | Listed by McParland Realty | $549,000 | |
| Listed by McParland Realty | |||
| | |||
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Last remaining house at Hickory Hill Estates*Massive Master w/spacious bath, tiled shower, & 2 walk-in closets*All secondary bd rms oversized * Impressively Outfitted Cabinet Packed Kitchen w/Granite counters & lrg eat area*Hrdwds*Cent A/C*2 car gar* *Great windowed Low Lev walks out to private rear wooded lot* Loaded w/upgrades*One of the areas fastest selling communities*Immediate Occupancy
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| Dec 24, 1987 | Sold | ||
| Sold | |||
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