1308 Mackinaw Drive
About This Property
The main-floor primary suite is a peaceful retreat with a spa-like bath including a soaking tub, walk-in shower, dual vanities, and two custom walk-in closets. Upstairs offers a spacious bonus room with kitchenette, two bedrooms connected by a Jack & Jill bath, and a third bedroom with its own en suite. Step outside to a screened-in porch and expansive patio overlooking a private backyard-ideal for relaxing, play, or hosting guests.
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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 |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Coldwell Banker HPW | $1,150,000 | |
| Listed by Coldwell Banker HPW | |||
| Jun 20, 2018 | Sold | ||
| Sold | |||
| Mar 13, 2018 | Listed by Coldwell Banker HPW | $659,900 | |
| Listed by Coldwell Banker HPW | |||
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About Wake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017