1117 Cabot Drive NE
About This Property
Fresh updates? You bet! New vinyl flooring throughout the main living areas and new carpet in the bedroom. A/C installed 2015 and was recently serviced.
Sitting on a .22-acre lot, there's just enough yard to garden, BBQ, and entertain guests.
NO HOA - yes, you read that right! Live your life, park your R/V or boat with zero judgment and zero fees.
On public water but also equipped with its own well, you get the best of both worlds.
There's a convenient carport a separate utility room that houses the washer, dryer & HWH.
This home is quaint and ready to welcome you. Whether you're looking for a peaceful retreat or a smart investment, this gem checks all the boxes. Come see it before someone else falls in love!
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed by Sun Wave Real Estate, LLC | $159,000 | |
| Listed by Sun Wave Real Estate, LLC | |||
Property Highlights
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017