11 Black 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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by ERA Key Realty Services | $335,000 | |
| Listed by ERA Key Realty Services | |||
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Beautifully renovated 2 bedroom, 1.5 bath home on Lower Cedar Cove peninsula. Perfect starter or downsize home near the lake. New kitchen, bathrooms, flooring, heating and air conditioning...all tastefully done and ready to move in! Includes a large, detached garage with extra storage area and a storage shed. The property consists of 2 parcels. Create your dream backyard oasis, or, potentially, seek approval for a buildable lot, most likely requiring a variance. The basement is heated, with a fireplace for a gas stove (not included). Nice opportunity for home ownership at an affordable price.
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| May 11, 2021 | Sold | ||
| Sold | |||
| Jan 22, 2021 | Listed by ERA Key Realty Services | $274,900 | |
| Listed by ERA Key Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017