111 Mizzen Road
About This Property
Discover the pride of ownership in this immaculate 2 bed, 2 bath home sweet home. Features include a covered front deck, leaded front entry door, spacious EIK with lagoon views, and a 10 x 24 Trex deck with glass baluster railings. The kitchen boasts cabinets galore, a center island, quartz countertops, and mosaic glass tile backsplash. The master bedroom offers a private bath, while efficient baseboard heating and energy-rated windows enhance comfort. With a 50 x 5 foot 2-level dock w/boat whips, storage shed & portable generator w/transfer switch every detail is thoughtfully considered. Rest easy - this home is elevated to 3.5 feet above BFE for safety.
Deep water lagoon and minutes to open bay by boat and close to everything!! Whether a permanent residence or vacation retreat, this epitomizes coastal living.
Move right in & start enjoying life by the water!
Optional: Cherry Quay Community Association approx $80 per year
allows access to bayfront beach, boat ramp access, playground access call for details
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | Listed by RE/MAX Central | $510,000 | |
| Listed by RE/MAX Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017