15 Sunset Dr
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 23, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Lake Homes Realty, LLC | $819,000 | |
| Listed by Lake Homes Realty, LLC | |||
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Welcome to your year-round paradise on coveted Plum Island! This 1-bedroom cottage offers unparalleled charm and cozy living. Marvel at breathtaking sunset views over the Great Marsh from your own slice of heaven. Situated on an oversized .34-acre lot, this gem features an outdoor stone fireplace, perfect for cozy gatherings. Picture yourself in the enclosed year-round porch, enjoying the scenic beauty and tranquility that surrounds you. Plus, revel in the convenience of being just .3 mile from the beach, embracing the coastal lifestyle. Don't miss the chance to make this enchanting cottage your own! Schedule a showing soon to experience the warmth and beauty that awaits. Your dream home on Plum Island is just a visit away—contact us today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017