1701 Bright Shore Way
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 |
|---|---|---|---|
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Sep 28, 2022 | No longer available | - | |
| No longer available | |||
| Sep 28, 2022 | Listed by RE/MAX Alliance-FTC South | $715,000 | |
| Listed by RE/MAX Alliance-FTC South | |||
| Aug 26, 2022 | No longer available | - | |
| No longer available | |||
| Aug 26, 2022 | Listed by C3 Real Estate Solutions, LLC | $790,000 | |
| Listed by C3 Real Estate Solutions, LLC | |||
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Builder offering 1% of contract price ($7,900 at list price) in addition to selling side commission for any realtor that brings us an offer by 10/1 that closes. 2,1 buy-down offered with 1% additional credit for additional rate buy down with preferred lender, call agent for details. Oak Valley Home's last opportunity in Severance Shores! Amazing mountain and lake views backing to open space with large walkout basement. Relax on your covered deck after you walk through your brand new custom home with 9' ceilings, 7 1/4" base trim, chiseled edge granite, al windows trimmed out, hand trowel texturing, custom tile throughout. Gas line to rear deck, tankless hot water heater, oversized 2 car garage, living space in basement finished, theatre area, option for one more bedroom and bath in basement. Fully finished landscaping in front and rear. The manager has listed the unit size as 3980 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017