98 Preble Street
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2019 | No longer available | - | |
| No longer available | |||
| Aug 28, 2019 | Listed | $339,900 | |
| Listed | |||
| | |||
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Meticulously maintained 3-bedroom, 2-bath cape home on .46 acres. Enjoy an oversized family room with wood stove and a slider to the backyard and don't forget the deck area! A shed matching the house can be found on the well landscaped lot where the perennials and plantings will not disappoint. Perfect spot for grilling and relaxing this summer. Be to the beach in less than 5 minutes, as this home is just 2 miles away. This is the first time this home has been available for sale since it was built. Seller to find suitable housing.
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| Aug 15, 2019 | Sold | ||
| Sold | |||
| Apr 29, 2019 | Listed by BHG Masiello Portsmouth | $339,900 | |
| Listed by BHG Masiello Portsmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017