1511 Rockledge Drive
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 11, 2020 | Sold | ||
| Sold | |||
| Nov 8, 2019 | Listed by RE/MAX Solutions | $1,075,000 | |
| Listed by RE/MAX Solutions | |||
| Mar 7, 2013 | Sold | ||
| Sold | |||
| Jan 24, 2012 | Listed by Trafford Realty Co. | $699,000 | |
| Listed by Trafford Realty Co. | |||
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DIRECT WATERFRONT W/DOCK ON INTRACOASTAL. SELLER put New Roof 2012 for Insurance advantage. Victorian Style built 1990 w/views from every room. Screened Pool for added charm plus fireplace in livingrm. Rooms are oversized. Master bedrm is spacious as is the bath, 3rd bedrm was split & can re-joined easily. 4th bedrm is over the garage w/private bath. Meander thru the back yard & picture gardens that were. Have est. for porch post repair in ofc. Tons of storage. See paperclip for making offer.
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| May 20, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017