902 READ Avenue
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 14, 2015 | Sold | ||
| Sold | |||
| May 5, 2015 | Listed by PLANTANA REALTY, INC. | $103,000 | |
| Listed by PLANTANA REALTY, INC. | |||
| May 11, 2009 | Sold | ||
| Sold | |||
| Feb 26, 2009 | Listed by PLANTANA REALTY, INC. | $225,900 | |
| Listed by PLANTANA REALTY, INC. | |||
| | |||
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Price Reduced $40K !!LIKE NEW. 3/4 ACRE. VIEW OF STELLA LAKE. FRONT COVD PORCH. FRESH PAINT. NEW APPLIANCES, FLOORING, WINDOWS, DOORS, & LTG FIXTURES. BRICK FP. ROOF '05. HEAT & AC UNIT 05, SCRND POOL/HOTTUB & PATIO, INSIDE LAUNDRY, FRML LR, DR, BREAKFAST RM, GREATROOM OR FAMILY RM. ALL BRS UPSTAIRS. CAN MAKE MBR DWNSTRS. POLE BARN/COVD PRKG. NEW CIRCULAR DRIVEWAY.
| |||
| Jan 31, 2008 | Listed by PLANTANA REALTY, INC. | $269,900 | |
| Listed by PLANTANA REALTY, INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017