1219 Drift Rd
About This Property
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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Relisted | $899,900 | |
| Relisted | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Anne Whiting Real Estate | $899,900 | |
| Listed by Anne Whiting Real Estate | |||
| | |||
|
Set on 16.2 acres of restricted land, this New England style Cape has 3 bedrooms, 2 full baths and 2,025 square ft. of living space. The home has a front to back living/dining room with hardwood floors and fireplace, first floor bedroom, full bath, and kitchen in need of updating. Throughout you will find hardwood floors and ample storage space. The second floor offers two large bedrooms with built-ins and an additional full bath. While the home is in need of renovations, the potential to transform into your dream retreat is endless. Furnace and roof have been updated. Two car garage. The expansive grounds have an abundance of possibilities for adventure and leisure. Whether it's meandering along trails, enjoying a picnic amidst nature's splendor, or embarking on an horseback ride, this property offers endless opportunities for the outdoor enthusiast. Located just a quick ride to the Back Eddy, Horseneck Beach, Lees Market and more.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017