1031 Montauk Drive
About This Property
HOME SITS ON PERFECT LOT AT THE END OF LAGOON, OPEN TO ALL THE VIEWS..MODERN WITH WIDE OPEN FLOOR PLAN .. VAULTED CEILINGS THROUGHOUT .. WITH LOADS OF UPGRADES.. CUSTOM WOOD CABINETRY WITH SOFT CLOSE DOORS AND DRAWERS ..PANTRY TOO!!.. GLASS TILE BACKSPLASH..ALL STAINLESS STEEL APPLIANCES, CHEFS GAS STOVE, GRANITE COUNTERTOPS..OPEN TO LARGE GREAT ROOM WITH CUSTOM WINDOWS.. ENGINEERED WOOD FLOORS .. MASTER BEDROOM SUITE IS ON 1ST FLOOR W/ VAULTED CEILING..WALK-IN CLOSET.. OPEN WOOD STAIRCASE...RECESSED LIGHTING, SKYLIGHTS, BALCONY..PRIVATE IN-GROUND POOL, COMPOSITE DECK. MOTORIZED AWNING, GAS GRILL, SHED AND GARAGE TOO! HURRY
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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 |
|---|---|---|---|
| Apr 30, 2018 | Sold | ||
| Sold | |||
| Mar 9, 2018 | Listed by EXIT Realty Jersey Shore | $439,700 | |
| Listed by EXIT Realty Jersey Shore | |||
| Jul 29, 2017 | Listed | $440,000 | |
| Listed | |||
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Contemporary custom waterfront for the modern pleasure seeker! Capturing views of the Riviera area of Forked River, this voluminous home shows off an open concept layout w/updated kitchen with tile backsplash, Stainless Steel appliances, wood cabinets with soft close drawers & pull out storage. Showing off an impressive square footage, this 4BD/3BA is accomplished by a bonus room w/separate rear entrance, 1st floor vaulted master, balcony, private pool, composite deck w/motorized awning, gas grill, shed & garage. The manager has listed the unit size as 1814 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017