1225 Capstan 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%.
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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.
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 8, 2023 | Sold | ||
| Sold | |||
| Jul 22, 2023 | In contract | - | |
| In contract | |||
| Jul 12, 2023 | Listed by C21/ Action Plus Realty | $1,250,000 | |
| Listed by C21/ Action Plus Realty | |||
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Magnificent Bayfront Home with 76 Feet of Prime Waterfront in the Prestigious Riviera Community Of Forked River. This Home Boasts a Professionally Decorated 3271 Sq Ft - 5 Beds 3.1 Baths with Panoramic Views from every angle. Walk up to the Inviting Front Porch and enter into a 2 Story Foyer with Front and Back Staircases. Immediately you see through to the Large Bright Family Room Atrium Window for your First Peak at the Water. It also Features a Gas Fireplace & Lg Side Windows next to the Slider. The NEW EI Gourmet Custom Kitchen with an Abundance of 42'' Cabinets & Granite Counters, Glass Backsplash, High End SS Appliances, 8 Ft Center Island, Breakfast Bar, 2 UC Beverage Fridge's, Walk-In Pantry/Laundry Room with Pocket Door. The 1st Fl also features 1 of 2 Master Bedrooms, Views of the Bay plus a WI Closet, Full Bath and Slider that leads to the Deck. Off the Foyer is a Bedroom/Office with French Doors plus Half Bath. The Home was all Freshly Painted and has HW Floors Throughout. Walk up to the Balcony which overlooks the Family Room, The 2nd Fl Houses a Spacious Vaulted Ceiling Master Suite has a Gas Fireplace, Huge Master Bath, His & Hers WI Closets with Built-Ins, Master Sitting Room, Makeup Area & Balcony Overlooking the Bay. The Master Bath has Custom Cabinet, Linen Closet, Double Sinks, Jetted Tub, Lg Shower & Toilet Closet. To Complete the 2nd floor are 2 Bedrooms with Double Closets & Guest Bath. Step out to the Composite Half Covered, Half Open 2 Tier Deck, New Outdoor Kitchen, Outdoor Shower & New Hot Tub. There's 76 Ft of NEW Vinyl Bulkhead & 50 Ft of Flow Through Decking, Both Water and Electric at dock, 16 Ton Boat lift, Jet Ski & Kayak Lift. (Look at the Special Features list at the Back of the pictures to see all this home has to offer) Solar Panels will be Paid in Full before closing. Close to Both Inland and Waterfront Dining, Shopping and GSPKY.
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| Aug 29, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $849,900 | |
| Listed | |||
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STUNNING BAYFRONT BEAUTY Totally Redesigned & Rebuilt With Recent Updates of The Highest Quality Finishes and Craftsmanship. The Interior Has All The Amenities You Would Expect In A Luxury Home and The Exterior will Not Disappoint Either! Boasting 76ft of Bulkhead, Multiple Decks Off First & Second Floors With Endless Bay Views, Breath-Taking Sunrises! The Boat Lift and 50 ft.Dock Complete This Turnkey Boater and Entertainer's Waterfront Dream! Home Has Two Masters, One up, One Down and View of Bay From Almost Every Room!Put This One On Your List and Come See All It Has To Offer!The manager has listed the unit size as 3271 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017