8 Rice Rd.
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 |
|---|---|---|---|
| Jun 29, 2010 | Sold | ||
| Sold | |||
| Feb 6, 2010 | Listed by Non Member Office | $199,900 | |
| Listed by Non Member Office | |||
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Great 3 bed Ranch! Lg. living rm. w/FP & Bay, Lg. kitchen w/ eat-in & sliders to deck. Lg. finished basement rm.w/wood stove. 2 car attached garage. Newer electric service w/generator. Fantastic back yard w/AG pool! Hard wood under carpits. Easy updating!
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