1 Crescent ISLAND
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 10, 2020 | Sold | ||
| Sold | |||
| Dec 1, 2020 | In contract | - | |
| In contract | |||
| Oct 17, 2020 | Listed | $2,599,000 | |
| Listed | |||
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No Reserve Auction to be held on-site, Saturday, November 21, 2020, at 11:00 AM. Starting, Saturday, October 31, 2020, previews every Saturday & Sunday 1:00 PM-4:00 PM by scheduled appointment for boat access. Private appointments available, call for details. A 4-acre private island is the perfect backdrop for your next adventure and the private beach with the bay beyond can be your new backyard. Built in 2003, this 3-story, 3-bedroom, 2.5-bathroom home boasts breathtaking 360-degree views from every level. Built in a Key West style, enjoy amenities including wraparound porches, soaring ceilings, custom wood detailing, deep water boat dock, gas fireplace, and elevated pool. From your deep water boat dock, you can fish for your dinner or boat to any number of exotic nearby islands. Crescent Island is an opportunity that doesn't come along often. It doesn't have to be just a dream, your tropical island in the sun can be a reality. The manager has listed the unit size as 1850 square feet.
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| Oct 13, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017