9880 Nolan
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 |
|---|---|---|---|
| Jun 7, 2019 | Sold | ||
| Sold | |||
| Mar 11, 2019 | Listed by Keller Williams Realty SWM | $539,900 | |
| Listed by Keller Williams Realty SWM | |||
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2 CHARMING COTTAGES ONLY ONE BLOCK FROM BEAUTIFUL UNION PIER BEACHES!
What a spectacular retreat offering 4 Bedrooms and 4 Baths. The main cottage (2 bds/2ba) offers an open kitchen and living area that is filled with great natural lighting. Walk outside to your quaint courtyard with plenty of shade and entertaining space. Your second cottage is perfect for sitting by the delightful fireplace after a long day at the beach or a night out enjoying the many appealing restaurants in town. This is a perfect property to enjoy for yourself while renting out the second 2 bedroom and 2 bath for added income. Will be sold turn key!!
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| Sep 4, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed by Berkshire Hathaway HomeServices Chicago | $529,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| Jan 11, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017