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1562 Thumb Point 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 5, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 15, 2025 | Listed by The Keyes Company | $1,670,000 | |
| Listed by The Keyes Company | |||
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Rare opportunity for this custom Mid Century Modern Waterfront home. So unique ! With a deep water boat dock. Walk into your private court yard to a featured, Koi Pond, enter the home to amazing water views, every room opens to the waterfront. Split bedroom plan for privacy, large open rooms for entertaining. Original features, terrazzo floors, built ins, tiles. kitchen features. Step back into Old Florida Charm with this home. And on the very desirable protected Faber Cove for your custom boat. Watch the dolphins out your back porch. Just 2 blocks to the beach, enjoy the Ocean and all that South Hutchinson Island has to offer. Restaurants, beaches, boating, fishing, walk the amazing jetty, with its entertainment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017