9 Ninth St
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 22, 2014 | Sold | ||
| Sold | |||
| Feb 4, 2014 | Listed by Ermine Lovell Real Estate | $244,900 | |
| Listed by Ermine Lovell Real Estate | |||
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"Shell Point", Colonial with detached garage with a legal one bedroom unit above. Both untis are in need of updating, estate sale, Main house has newer thermopane windows, vinyl siding, updated circuit breakers, new oil tank, hardwood flooring. Detached unit is a one bedroom unit with full bathroom, living area and kitchen and has a newer forced hot air heating system. Property is in the heart of Onset, walking distance to the center and all shops, walking distance to Onset Beach, Not in the flood zone. Town water town sewer, betterment is paid.
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| Sep 20, 2012 | Sold | ||
| Sold | |||
| May 6, 1999 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017