864 Chickering 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 |
|---|---|---|---|
| Aug 10, 2012 | Sold | ||
| Sold | |||
| May 31, 2011 | Listed by Properties Unlimited | $384,900 | |
| Listed by Properties Unlimited | |||
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** Age of listing due to the fact that tenant just moved 1/1/12 & made showings very difficult! Financing available with 3% down and rate of 3.875, 0 points, 30yr amortization for qualified buyers. Hardwood floors under rugs in all rooms except family room & 40-year architectural roof installed 2003; renovated kitchen featuring stainless refrigerator & new appliances and flooring; new water heater installed 2006; new front-loading washer and dryer 2006 and much more!
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