14 Independence Way
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 |
|---|---|---|---|
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by RE/MAX Bentley's | $1,169,000 | |
| Listed by RE/MAX Bentley's | |||
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With salty air and crashing waves this renovated treasure is only feet from the beach, and a welcomed reminder of the serenity island life has to offer. This home is ideal for anyone hoping to make the desirable Southern End of Plum Island their primary residence or as a second home without effort. The generous lot boasts indigenous plantings including the infamous Plum Bush! a beautiful granite lined patio, a storage shed and carport to avoid the elements. Three bedrooms on the main floor and a huge one below provide plenty of versatility, as home office, playroom or guest room. The kitchen is newly updated with stainless appliances, stunning ocean influenced quartz countertops, and loads of intelligently placed storage cabinets. The open concept living room is sun filled and centered around the inviting gas fireplace. The side facing sunroom could fluently transform into a great work area, coffee nook or play place. Enjoy colorful sunsets that paint the sky each night from your deck.
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| Nov 19, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by RE/MAX Bentley's | $650,000 | |
| Listed by RE/MAX Bentley's | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017