104 ISLAND COTTAGE Way
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 21, 2024 | Sold | ||
| Sold | |||
| Sep 23, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $759,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| Jun 4, 2008 | Sold | ||
| Sold | |||
| Apr 28, 2007 | Listed by WATSON REALTY CORP | $538,500 | |
| Listed by WATSON REALTY CORP | |||
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This newly built cottage is located at the end of a cul-de-sac providing privacy. Located in a 23 homesite upscale gated community, the cottage boasts 4 BD and 3 Ba, luxuries such as bamboo flooing in the great room, a rear entry garage and large community pool. Minutes to the beach, shopping and area restaurants await you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017