98 Cliffside Drive
About This Property
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 14, 2024 | Sold | ||
Sold | |||
May 14, 2024 | In contract | - | |
In contract | |||
Apr 10, 2024 | Price Decreased |
$285,900
↓ $14K
(4.7%) | |
Price Decreased | |||
Feb 1, 2024 | Listed by Caprini Realtors | $299,900 | |
Listed by Caprini Realtors | |||
Jul 27, 2022 | Sold to Bonnie B Hunt, Chris C Hunt | ||
Sold to Bonnie B Hunt, Chris C Hunt |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/01/2020
| |
1 Bed
|
1 Bath
|
-
|
$184,999
1 Bed
1 Bath
|
$180,000
-2.70%
07/20/2021
|
Anne Caprini
Caprini Realtors
|
Building Info
- 1 Unit for Sale