44
Map
1115 White Cap Drive
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 |
|---|---|---|---|
| Feb 8, 2025 | Listed by Texas First Property LLC | $475,000 | |
| Listed by Texas First Property LLC | |||
| Sep 1, 2024 | No longer available | - | |
| No longer available | |||
| Jul 12, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 14, 2024 | Price Decreased |
$640,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Mar 10, 2024 | Listed by TEXAS FIRST PROPERTY LLC | $650,000 | |
| Listed by TEXAS FIRST PROPERTY LLC | |||
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"Memory Maker" is such a fitting name. Step off of your stairs onto the beach. This beachside bungalow has been well loved. This 3/2 has been a personal retreat but would make an excellent rental if desired. One bedroom and bath near the front of the house and two bedrooms and hall bath toward the back of the house. The beach is a pedestrian only beach, so no vehicle traffic is permitted on the beach in this area of the island. You can sit on your deck and watch the surfers or large ships coming and going from the jetty. The nearby jetties also offer great fishing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017