1203 Pilot Lane
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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%.
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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.
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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 23, 2021 | Sold | ||
| Sold | |||
| Nov 24, 2020 | Listed by RE/MAX Signature Galleria | $660,000 | |
| Listed by RE/MAX Signature Galleria | |||
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Expansive, large water-front lot/home, on the very desirable Crash Boat Basin - 14,350 sq ft lot. Beautiful water views from many locations on the lot and decks. 81 feet of waterfront, rare deep water access allows for a large boat to be moored at your pier. Currently, a 3 bedroom 2 bath home up and a bunk room with a full bath and living area below. Expansive covered deck area above and below. Recreation area & bar below. Boat dock also has a covered area with unobstructed sunset views. The pier and property are protected by harsh north winds. The home has an established short term rental calendar. Plenty of space for family gatherings.
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| Jul 9, 2017 | Listed | $595,000 | |
| Listed | |||
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Motivated Sellers! Price reduced $30K below the April '17 Appraisal of $625K.One of a kind Crash Boat Basin waterfront home, completely updated with DEEP WATER ACCESS in sought after West Bay location. This home features an open concept living room, dining room/ updated kitchen with granite, stainless and all tile floors; windows/French doors on three sides; unlimited light opening onto the large main deck. This 3/2 home has an additional downstairs bunkroom(1000sqft), living room/game room and full bath (1000 sq. ft.) Home sleeps 14.The manager has listed the unit size as 2540 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017