1384 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 |
|---|---|---|---|
| May 27, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by Alden Hill Real Estate, Inc. | $595,900 | |
| Listed by Alden Hill Real Estate, Inc. | |||
| May 9, 2013 | Sold | ||
| Sold | |||
| Jun 8, 2012 | Listed by Pelletier Realty, Inc. | $375,000 | |
| Listed by Pelletier Realty, Inc. | |||
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ONE-LEVEL LIVING on DRIFT ROAD w/DEEDED WATER ACCESS to Westport's East Branch! Winter water views from this 4 bedroom, 2 bath Ranch offering Central Air, beautiful hardwood floors, Kitchen w/granite, Breakfast Room w/slider to spacious deck. Large open, Dining/Living Room w/wood stove insert, basement w/stone fireplace. Not far from Central Village, beaches & marina!
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| Feb 19, 1986 | Sold | ||
| Sold | |||
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