17 Drift 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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 27, 2024 | Listed by Even Keel Realty, Inc. | $550,000 | |
| Listed by Even Keel Realty, Inc. | |||
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Welcome to the Head of Westport - 17 Drift Road! This year round home or summer retreat has the old time charm (built approx. 1850) and the location. Water views of the Westport River. Drag your kayak across and street - enjoy! NOT in a flood zone. Roof is approx. 12 years old. Space has been used wisely and there are custom built-ins throughout. Kitchen has a laminated wood(pergo) floor and the rest of the house is hardwood or wood planks. Home is heated with gas baseboard and boiler is 2 years old. 1 car garage. Passing septic for 2 bedroom. Stand by home generator. Roof has been rebuilt and replaced on garage. Insulation was blown in 2010. Close to Head Store, High School, Library, Local Dairy Store and more. Easy highway access. Town Landing is across the street.
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| Dec 4, 2009 | Sold | ||
| Sold | |||
| Dec 16, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017