1724 Key West Road
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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%.
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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 |
|---|---|---|---|
| Apr 4, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $397,400 | |
| Listed | |||
| | |||
|
Fantastic Nautical Oasis is calling for new owners to enjoy its beauty and the nature surrounding it year round or seasonally! Sprawling ranch backs to deep natural lagoon across from 70-acre preserve. Only 5 minutes to open bay. Room for large boats and water toys at lighted dock with 120 ft of wood bulkhead only 8 years old, complete with fish cleaning station. Full pavered patio the width of property with fire pit for chilly nights, outdoor shower and more. Plentiful space for outdoor living at its best! Inside you'll find large living area with wood-burning fireplace and beamed ceilings and extra wide custom sliders to the patio. Eat-in kitchen has been updated and has great view of water and preserved land beyond. The manager has listed the unit size as 1416 square feet.
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| Jul 30, 2017 | Listed by Gloria Nilson & Co. Real Estate | $397,400 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017