1631 State Highway
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 |
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| Oct 5, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by Non Member Office | $290,000 | |
| Listed by Non Member Office | |||
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Head back to a simpler time in this quintessential Cape cottage. Located in Drummer Cove Cottage Colony, enjoy a Cape Cod summer with adventure around every corner. This vintage one bedroom seasonal home features knotty pine paneling, wide pine floors, vaulted ceilings with room for family fun inside and out. Additional sleeping nooks perfect for guests, with propane heat and window A/C to keep everyone comfortable. Drummer Cove is located just down the sandy road- enjoy sunsets, and the view. Cottage is being sold AS-IS and furnished with a few personal exclusions. With an excellent rental history, embrace Cape cottage living. Google Maps is sending to wrong town- Google is in process of correcting.
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| Aug 19, 2020 | Sold | ||
| Sold | |||
| Feb 7, 2014 | Sold | ||
| Sold | |||
| Sep 16, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017