87 Clark 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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by LAER Realty Partners | $399,900 | |
| Listed by LAER Realty Partners | |||
| | |||
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Offer Deadline Monday, March 18, 2024 at (noon) 12:00 pm. Great Starter Cape Home with room for finish-able expansion. Newer Roof - 4 years old. Two new garage doors with openers and an additional carport and a potential workshop area between the basement and the 2 car garage or could even make it another room. Large Open Living Room 12 x 27 with bay windows, 11 x 14 Dining Room off the kitchen, bright 13 x 14 Kitchen with breakfast bar and half bath on the 1st floor, two good size bedrooms with plenty of closet space plus scuttle storage and a full bath on 2nd floor. Lower Level has two rooms that are being used as a 3rd bedroom suite with a sliding glass door and a room full of closet space. MassSave has insulated this home in 2019. Nice lot with backyard privacy for your entertaining.
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| Mar 15, 2018 | Sold | ||
| Sold | |||
| Nov 6, 2017 | Listed by LAER Realty Partners | $162,900 | |
| Listed by LAER Realty Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017