83 Joppa Hill 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 |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Listed by AmeraBay | $649,900 | |
| Listed by AmeraBay | |||
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5000 sq/ft on JOPPA HILL with a MILLION DOLLAR VIEWS?? Whats this home worth renovated? This home was built like few have ever been and the LOCATION is absolutely AMAZING. This truly is a once in a lifetime opportunity to make this incredible home PHENOMENAL. GIANT 2 story windows, wall to all, to capitalize on the FANTASTIC views. 578 sq/ft deck over looking a picturesque 4.22 acres wraps around this the living, dining and kitchen. GRANITE surrounds the foundation and is utilized through out the entire home. The ENORMOUS, 2 story granite fireplace should be enough to sell this home and make it special. Create memories that will last a life time in this living area PERFECT for entertaining. Wait until you see the Master Suite with 3 walk in closets?? Wine room, cedar closet, safe room, elevator and so much more make this home a rare diamond waiting for your specific shine. I can not imagine what it would cost to build this home today, the land alone is priceless. Showings begin Saturday, April 10. Rare opportunity to get equity in this market. Needs work and well worth it at this price.
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| Mar 30, 2021 | No longer available | - | |
| No longer available | |||
| Mar 24, 2021 | Relisted | $599,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017