8 Rennie Drive
About This Property
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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 |
|---|---|---|---|
| Mar 23, 2004 | Sold | ||
| Sold | |||
| Dec 16, 2003 | Listed by Keller Williams Realty | $589,900 | |
| Listed by Keller Williams Realty | |||
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TRADITIONAL CAPE W/FAMILY RM ADDITION TO REAR. ON THE MOST SPECTACULAR LOT, CUSTOM KIT WGLASS FRONT CABINETS, ROLL TOP DESK. PRIVACY EVERY SIDE, 8TH HOLE IRCC TO REAR. CENTRAL AIR PERFECT FOR ARCHITECT- 1ST FL MASTER, MOVEIN COND. TOP NBHD
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