96 Sears Road
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 |
|---|---|---|---|
| Jul 23, 2004 | Sold | ||
| Sold | |||
| Oct 17, 2003 | Listed by Hammond Residential Real Estate | $2,950,000 | |
| Listed by Hammond Residential Real Estate | |||
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CLASSIC 1934 BRICK COLONIAL AT THE END OF PRIVATE ROAD SURROUNDED BY MANSIONS ON LARGE LOTS.ACRE+ LOT W/LAWN & WOODLAND WALK.LOCATION "SUPPORTS" MAJOR RENOVATION/EXPANSION OF EXISTING HOUSE. PROPERTY SUBJECT TO LICENSE TO SELL
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