1248 BEEKMAN Drive
About This Property
Home sits on a landlocked canal, and suffered no water damage during Hurricane Irma as it sits high and dry on the lot. Home also has whole house back-up generator and a lot of electrical upgrades done by former owner and maintained by current own Additional Features include the following:
Detached Garage has separate panel, Storage loft, Remote Garage Door Opener, full roof insulation and 8ft doors.
Garage was built and installed by Space Age Structures
Whole house generator runs on propane with 150lb tank filled prior to Irma. Panel and Transfer switch were installed by prior owner who was a licensed electrician.
Well Pump and Water softener system includes iron and sulfur removal, and was upgraded a few years ago to the Kenetico System.
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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 |
|---|---|---|---|
| Mar 18, 2019 | Sold | ||
| Sold | |||
| Nov 23, 2018 | Listed by TURNAGE REALTY COMPANY | $375,000 | |
| Listed by TURNAGE REALTY COMPANY | |||
| Jun 29, 2018 | Sold | ||
| Sold | |||
| Apr 6, 2018 | Listed by TURNAGE REALTY COMPANY | $375,000 | |
| Listed by TURNAGE REALTY COMPANY | |||
| Jun 11, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017