8 West Birch Road
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 22, 2023 | Listed by Positive Realty, Inc. | $135,000 | |
| Listed by Positive Realty, Inc. | |||
| | |||
|
Norfolk water view buildable lot being sold as is. Buyer to do due diligence. Proposed grading plan, proposed house plans and existing conditions in hand. Initial percs done and title is good.
| |||
| Jun 15, 2012 | Sold | ||
| Sold | |||
| Mar 27, 2012 | Listed by Century 21 Commonwealth | $339,000 | |
| Listed by Century 21 Commonwealth | |||
| Apr 27, 2007 | Sold | ||
| Sold | |||
| Feb 17, 2007 | Listed by Century 21 Commonwealth | $339,900 | |
| Listed by Century 21 Commonwealth | |||
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