9906 Majorca Place
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 29, 2023 | Sold | ||
| Sold | |||
| Mar 31, 2023 | Listed by Your Home Sold Guaranteed Realty Services | $600,000 | |
| Listed by Your Home Sold Guaranteed Realty Services | |||
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This awesome home is in the highly desirable Boca Fontana neighborhood, just minutes from all the amenities you could want. OPEN CONCEPT floor plan is perfect for entertaining, with a large living room that flows seamlessly into the din rm and kit. The kitchen recently UPDATED with GRANITE countertops, STAINLESS appliances, and plenty of cabinet space. SPACIOUS MASTER with a walk-in closet and a REDONE BATH with QUARTZ countertops. Guest bedrooms are generously sized. The large, fenced backyard is the perfect place to relax and enjoy the outdoors, sporting a mature mango tree that provides a bounty of fruit and room for a pool. A/C'd storage unit in the garage and in-wall night lights for added security. This home is move-in ready and would make a perfect starter home or income property.
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| Nov 15, 2022 | No longer available | - | |
| No longer available | |||
| Oct 11, 2022 | Listed by Guaranteed Home Sales | $629,000 | |
| Listed by Guaranteed Home Sales | |||
| Sep 3, 2022 | No longer available | - | |
| No longer available | |||
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About Boca Fontana
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017