Lot 155 Vista Merlot
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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 |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2020 | Listed by Cedar Frame, LLC | $69,500 | |
| Listed by Cedar Frame, LLC | |||
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Located in a gated community, this dock-able waterfront homesite offers spectacular panoramic views. Within the confines of the Sanctuary lies an opportunity to adopt an unparalleled lifestyle. The endless amenities cater to those of all ages and interests, with a community clubhouse and lagoon-style pool, tennis and basketball courts, walking trails, pocket parks, sandy beach, 3 fishing piers, deep water marina with boat ramp and slips, and boat and RV storage. Outside the gates, the Port O’Connor area is home to 10 bays, 8 noted birding sites, and unlimited outdoor potential.
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Last Updated: 6 months ago
Data Source: HAR , MLS# 55843050
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017