1271 Singer Drive
About This Property
The home is beautifully appointed with a spacious open floor plan, 3 bedrooms, walk-in closets, interior laundry room, centrally located kitchen with spectacular marble counters and lots of natural sunlight.
On the exterior you will find an intimate backyard setting, featuring a private pool and Jacuzzi perfect for those midnight swims and outdoor entertaining.
The impact windows and accordion shutters throughout keep the house protected all year round.
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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%.
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 17, 2020 | Sold | ||
| Sold | |||
| Nov 11, 2019 | Listed by RE/MAX Services | $600,000 | |
| Listed by RE/MAX Services | |||
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Show Stopper just steps away from the white sandy beaches of Singer Island via deeded access. Spacious open floor plan, 3 bedrooms, walk-in closets, interior laundry room, centrally located kitchen with spectacular counters and lots of natural sunlight. On the exterior you will find an intimate backyard setting, featuring a private pool for those midnight swims and outdoor entertaining. This is a great investment property that fetches $300-$500 per night. Approx $30,000 in bookings already for 2020. Enjoy fishing, boating, snorkeling, lazy walks in leafy parks, or fun-filled days on the nearby beach. With deeded beach access.
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| Sep 23, 2019 | No longer available | - | |
| No longer available | |||
| Sep 19, 2019 | Price Decreased |
$619,900
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jun 30, 2019 | Price Decreased |
$629,900
↓ $20K
(3.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Keller Williams Realty/P B
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10361602
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Address: 335 Madison Avenue, New York, NY 10017