89 Creech Place Drive #LOT2
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 28, 2017 | Sold | ||
| Sold | |||
| Feb 24, 2017 | Listed by HomeTowne Realty | $189,900 | |
| Listed by HomeTowne Realty | |||
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Spacious ranch with wide open floorplan & split bedroom design. Laminate hardwood in all common areas including the cathedraled family room. Awesome kitchen with granite tops, tons of countertop space, soft close drawers/doors, & walk-in pantry. Great features include a gas log FP & a stamped patio. Tray ceiling in master. Large secondary bedrooms. Oversized 2 car garage. Crawl space construction with stone front foundation. 100% Financing available, USDA eligible. Easy access to I-40 & I-95.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017