1119 WILSON DRIVE
About This Property
The backyard is a tranquil retreat, showcasing an impressive variety of fruit trees-apples, pears, cherries, plums, and apricots-complemented by vibrant seasonal flora. The newly fenced yard, large back deck, and two driveways further enhance the outdoor experience.
Living in this unique waterfront community provides access to an array of activities, including fishing, crabbing, kayaking, or swimming at the community's shared spaces. Residents can enjoy scenic water access, private beaches, a new playground, a recently constructed pier, and a dedicated Terrapin & Horseshoe Crab Sanctuary, making it a haven for nature lovers. Conveniently located near nature parks, wildlife areas, dining options, and marinas, this property perfectly combines serene coastal living with easy access to modern amenities.
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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 11, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Price Decreased |
$709,900
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Mar 9, 2025 | Relisted | $715,000 | |
| Relisted | |||
| Mar 1, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017