1606 Nantucket 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 |
|---|---|---|---|
| Jun 13, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by Compass RE Texas, LLC | $899,000 | |
| Listed by Compass RE Texas, LLC | |||
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Beautiful patio home in a gated enclave in Westhaven Estates. The masterfully designed home features gracious formals, wide-plank hardwood floors, custom iron stair rail, cast stone mantel and custom features throughout. Gorgeous formal living area is located off entry, and surrounds fireplace and built ins. A designated formal dining room is adjacent to secondary living space, or optional breakfast area. Island kitchen showcases granite countertops, and stainless appliances. The bedrooms, all with en suite baths, are located on the second floor. The primary is large in size, with an impressive compartmentalized walk-in closet, dual primary bath, and bonus cedar closet. The home is elevator equipped to all three floors. A private back patio with pergola is accessible through French doors off of the downstairs living area. Lock and leave ease in the secure gated neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017