LOT 9 Acorn Drive
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 |
|---|---|---|---|
| Nov 3, 2014 | Sold | ||
| Sold | |||
| Apr 17, 2014 | Listed by Salem Manufactured Homes, LLC | $46,900 | |
| Listed by Salem Manufactured Homes, LLC | |||
| | |||
|
Nice resale at Leisure Woods Estates, 2 Bedrooms, 2 full baths, shed, large lot, well maintained just move in and enjoy. Quiet peaceful location. Pet friendly. Personal property; No real estate taxes.
| |||
| Jul 23, 2004 | Sold | ||
| Sold | |||
| Dec 23, 2003 | Listed by Bartlett Real Estate | $24,900 | |
| Listed by Bartlett Real Estate | |||
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