19
Map
9816 Second Avenue #11
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 |
---|---|---|---|
Nov 25, 2024 | No longer available | - | |
No longer available | |||
Oct 16, 2024 | In contract | - | |
In contract | |||
Sep 22, 2024 | Relisted | $569,000 | |
Relisted | |||
Sep 21, 2024 | No longer available | - | |
No longer available | |||
Sep 21, 2024 | Price Increased |
$569,000
↑ $4K
(0.7%) | |
Price Increased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/21/2024
|
1 Bed
|
1 Bath
|
-
|
$565,000
1 Bed
1 Bath
|
-
-
|
-
|
Jeremy Jones
Avalon
| |
11/02/2021
| |
2 Bed
|
1 Bath
|
-
|
$635,000
2 Bed
1 Bath
|
-
-
|
-
|
Sheila M. Erikson
LONG & FOSTER REAL ESTATE, INC av
|
11/02/2021
|
2 Bed
|
1 Bath
|
484 ft²
|
$635,000
2 Bed
1 Bath
484 ft²
|
$600,000
-5.51%
03/03/2022
|
Sheila M. Erikson
LONG & FOSTER REAL ESTATE, INC av
| ||
10/15/2021
|
1 Bed
|
1 Bath
|
418 ft²
|
$419,900
1 Bed
1 Bath
418 ft²
|
-
-
|
-
|
Martha Jeannette DiNardo
COMPASS RE - Stone Harbor
| |
05/31/2020
|
2 Bed
|
1 Bath
|
484 ft²
|
$399,000
2 Bed
1 Bath
484 ft²
|
$385,000
-3.51%
09/16/2020
|
Joseph L. Butler Jr.
| ||
05/30/2020
|
1 Bed
|
1 Bath
|
-
|
$285,000
1 Bed
1 Bath
|
-
-
|
-
|
Ronald Giordano
LONG & FOSTER REAL ESTATE, INC sh
| |
05/30/2020
| |
1 Bed
|
1 Bath
|
-
|
$285,000
1 Bed
1 Bath
|
-
-
|
-
|
-
|
03/22/2020
|
1 Bed
|
1 Bath
|
418 ft²
|
$319,900
1 Bed
1 Bath
418 ft²
|
-
-
|
-
|
-
| |
08/17/2019
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
05/19/2019
|
2 Bed
|
1 Bath
|
-
|
$399,000
2 Bed
1 Bath
|
-
-
|
-
|
-
| |
05/19/2019
| |
2 Bed
|
1 Bath
|
-
|
$399,000
2 Bed
1 Bath
|
-
-
|
-
|
-
|