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1009 Plimsoll Pt
About This Property
Welcome to this stunning, one of a kind 4,400 sq ft waterfront home in Lanoka Harbor. The home sits on roughly 1/3 acre on a quiet cul-de-sac, with water views from every room. This home features a new bulkhead running along 240 ft of bay frontage. What's more, the home's elevation allows for a low-cost flood insurance policy. Pride in ownership is evident in this custom home, which includes 4 bedrooms, 2.5 baths & a master bedroom suite with a balcony. In addition, you will find plenty of room to entertain in the large living room, loft area & bonus room on the 2nd floor. The home is also equipped with a heated driveway, a large inground heated pool, cabana with kitchen, boat lift, outdoor shower, & 3 car garage. Truly a must-see
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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 |
|---|---|---|---|
| Mar 17, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | Listed by Weichert Realtors | $925,000 | |
| Listed by Weichert Realtors | |||
| Sep 2, 2020 | No longer available | - | |
| No longer available | |||
| Feb 21, 2020 | Listed | $889,000 | |
| Listed | |||
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HARD TO DUPLICATE THIS RARE FIND. CLOSE TO 4400SQ' SITTING ON THE CORNER OF THE CUL-DE-SAC WITH APPROXIMATELY 242 FEET OF WATERFRONT. PLENTY OF ROOM TO ROAM INSIDE AND IF ENTERTAINING IS SOMETHING YOU ENJOY YOU WILL MOST DEFINITLEY APPRECIATE THE YARD ON THIS HOME. NOT ONLY DOES IT HAVE A SALT WATER INGROUND POOL BUT ALSO AN OUTDOOR ENCLOSED CABANA/KITCHEN/BAR. FRONT DRIVEWAY IS HEATED . CRAWL SPACE IS HIGH DRY AND CONCRETED MAKES FOR GOOD STORAGE. HOME IS RESTING ON OVER 60 PILINGS NO WATER INTRUSION DURING SANDY. WITHIN THE LAST 2-3 YEARS SELLER INSTALLED 65 NEW ANDERSEN A SERIES WINDOWS, ALL NEW CEDAR IMPRESSION SIDING, 3 NEW SLIDING DOORS, FIBERGLASS FRONT DOOR.BULKHEAD IS IN NEED OF REPAIR/REPLACE AND IS NEGOTIABLE The manager has listed the unit size as 4342 square feet.
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| Sep 6, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017