1277 Drift Road
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%.
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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by Coldwell Banker Realty | $950,000 | |
| Listed by Coldwell Banker Realty | |||
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This updated 1987 contemporary home offers a perfect balance of modern style and natural beauty. Situated on over an acre of landscaped land, it provides both privacy and easy access to local beaches and restaurants. Positioned to maximize sun exposure, the home is bathed in natural light throughout the day, with large windows that beautifully capture the sunlight in every room. The open-concept design features elegant hardwood floors, creating a seamless flow between living spaces. Each room offers a unique experience, with sunlight shifting to create an ever-changing ambiance. The home’s layout is perfect for entertaining, with easy access to a spacious deck that overlooks the private yard, ideal for hosting family and friends or simply enjoying quiet moments in nature. This home is the ultimate blend of convenience, comfort, and outdoor enjoyment, offering a peaceful retreat just minutes from local amenities.
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| Jan 14, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 12, 2024 | Listed by Coldwell Banker Realty | $950,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
This updated 1987 contemporary home offers a perfect balance of modern style and natural beauty. Situated on over an acre of landscaped land, it provides both privacy and easy access to local beaches and restaurants. Positioned to maximize sun exposure, the home is bathed in natural light throughout the day, with large windows that beautifully capture the sunlight in every room. The open-concept design features elegant hardwood floors, creating a seamless flow between living spaces. Each room offers a unique experience, with sunlight shifting to create an ever-changing ambiance. The home’s layout is perfect for entertaining, with easy access to a spacious deck that overlooks the private yard, ideal for hosting family and friends or simply enjoying quiet moments in nature. This home is the ultimate blend of convenience, comfort, and outdoor enjoyment, offering a peaceful retreat just minutes from local amenities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017