164 Breakwater 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 |
|---|---|---|---|
| Aug 7, 2020 | Sold | ||
| Sold | |||
| Jun 6, 2020 | Listed by Realty Executives of Cape Cod | $1,899,000 | |
| Listed by Realty Executives of Cape Cod | |||
| Dec 18, 2019 | No longer available | - | |
| No longer available | |||
| Jan 28, 2019 | No longer available | - | |
| No longer available | |||
| Jan 2, 2019 | Listed | $929,000 | |
| Listed | |||
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THIS PRICE IS PRE-CONSTRUCTION. 7 lots back from the bay! Pricing is for 1.38 acre lot, architectural house plans, permits and existing 3-bdrm, 1-bath house. Sellers have been through planning and permitting including Historic, Building, Conservation and Health and are approved for a 4-bdrm, 3.5-bath, 3686sf home (in addition to the 3-bdrm cottage currently on the proeprty). Foundation permit in hand. All architectural house plans and permits offered at this price. See MLS#21808614 for completed construction price of $1,895,000. The manager has listed the unit size as 3686 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017