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Lot 8 Waterman Way (Hammond Estates)
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 |
|---|---|---|---|
| May 25, 2007 | Sold | ||
| Sold | |||
| Oct 28, 2006 | Listed by Keller Williams Realty | $500,000 | |
| Listed by Keller Williams Realty | |||
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8 LOT EXECUTIVE SUBDIVISION 30 DAYS TO DELIVERY. HUGE FAMILY ROOM WITH GAS FIREPLACE AND SHELVING FOR YOUR ENTERTAINMENT CENTER AND FLAT SCREEN TV. CATHEDERAL CEILING AND LARGE PICTURE WINDOWS. LOVELY FARMERS PORCH WITH FIELDSTONE DESIGN, INTERIOR FEATURES INCLUDE HYDRO HEAT AND A/C, CENTRAL VAC, HARDWOOD AND TILE FLOORS, HARDWOOD FOYER AND STAIRS. FIRST FLOOR LAUNDRY, GRANITE COUNTER TOPS IN KITCHEN. FLAT 2+ ACRES SET IN A COUNTRY LOC. BUT CLOSE TO HIGHWAYS. A HOME FOR HAPPY LIVING!
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