Lot 9 Starr Ridge
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 |
|---|---|---|---|
| Mar 20, 2006 | Sold | ||
| Sold | |||
| Jan 17, 2005 | Listed by Louise Condon Realty | $1,850,000 | |
| Listed by Louise Condon Realty | |||
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UNDER CONSTRUCTION - 11 RM COLONIAL ON CUL DE SAC - 5000SF OF LIVING SPACE - FIRE PLACED LIVING ROOM - FORMAL DINING ROOM - FIRE PLACED FAMILY ROOM WHICH IS OPEN TO A LARGE KITCHEN WITH SUB-ZERO, PANTRY AND SEPARATE BREAKFAST ROOM - STUDY/LIBRARY - 5 BEDROOMS - 5 FULL BATHS AND 2 LAVS - FINISHED WALK-OUT BASEMENT WITH FULL BATH - WONDERFUL DETAIL - GENEROUS ALLOWANCES - 3 CAR ATTACHED GARAGE - ACRE PLUS - LOT ABUTS POOL & TENNIS CLUB
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