1019 Point Rd
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Price Decreased |
$499,900
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Aug 1, 2024 | Price Decreased |
$519,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jul 16, 2024 | Listed by Milestone Realty, Inc. | $529,900 | |
| Listed by Milestone Realty, Inc. | |||
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Looking for a home in the quintessential coastal community of Marion? Welcome to 1019 Point Rd. This 4-bedroom, 2-bathroom cottage has everything you are looking for and more. Step inside to discover a spacious living area and a kitchen that features quartz countertops, stainless steel appliances, and ample storage space. This home features 3 zones of heat and A/C, a one car garage with bonus work/storage area and a large backyard. Marion offers easy access to top-rated schools, trendy shops, and beautiful beaches. Don't miss the opportunity to own this beautiful home in an amazing location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017