1530 Drift Rd
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 |
|---|---|---|---|
| Jul 7, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by Even Keel Realty, Inc. | $439,000 | |
| Listed by Even Keel Realty, Inc. | |||
| Aug 30, 2018 | Sold | ||
| Sold | |||
| Aug 10, 2017 | Listed by Residential Properties Ltd. | $339,000 | |
| Listed by Residential Properties Ltd. | |||
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SOUTH WESTPORT year-round cozy cottage on desirable Drift Road in need of some TLC... The good bones are already in place. Possible year-round rental or a place to lay your head in the summertime. If you're willing to put in some sweat equity, the possibilities are endless. Great location with mature plantings and stone walls. Forced hot air gas furnace was new in December 2016. All windows updated approximately 5 years ago. All appliances stay. Basement is dry with no de-humidifier. Large deck on west side of house is over 350 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017