28
Map
98 Steers Avenue
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 |
---|---|---|---|
Apr 19, 2024 | Sold | ||
Sold | |||
Mar 11, 2024 | In contract | - | |
In contract | |||
Mar 5, 2024 | Price Decreased |
$197,000
↓ $13K
(6%) | |
Price Decreased | |||
Feb 22, 2024 | Listed by Coldwell Banker Prime Properties | $209,500 | |
Listed by Coldwell Banker Prime Properties | |||
Oct 16, 2019 | Sold to Tina Mancuso | ||
Sold to Tina Mancuso |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/22/2024
| |
1 Bed
|
1 Bath
|
-
|
$209,500
1 Bed
1 Bath
|
$197,000
-5.97%
04/19/2024
|
-
|
Joseph Frith
Coldwell Banker Prime Prop.
|
08/03/2019
| |
1 Bed
|
1 Bath
|
-
|
$122,900
1 Bed
1 Bath
|
$109,000
-11.31%
10/16/2019
|
Phyllis Hall
Howard Hanna
| |
07/06/2016
| |
Studio
|
1 Bath
|
-
|
$49,900
Studio
1 Bath
|
$35,000
-29.86%
11/10/2016
|
Phyllis Hall
Howard Hanna
| |
08/02/2012
| |
2 Bed
|
1 Bath
|
-
|
$99,900
2 Bed
1 Bath
|
$98,500
-1.40%
09/19/2012
|
-
|
Barb Miller
Howard Hanna
|
02/13/2006
| |
3 Bed
|
1 Bath
|
-
|
$118,900
3 Bed
1 Bath
|
$119,000
+0.08%
06/23/2006
|
-
|
Michael Terry
Gage Realty
|
05/04/2004
| |
3 Bed
|
1 Bath
|
-
|
$66,900
3 Bed
1 Bath
|
$55,000
-17.79%
07/06/2004
|
-
|
Charles O'Connor
Bird Realty
|