173 Islander ROAD
About This Property
Imagine waking up to the peaceful sights and sounds of the canal, where each day brings the promise of waterfront adventures. While road access isn't developed yet, the potential is endless for creating your own private oasis.
Whether you dream of building a cozy cabin or a modern waterfront getaway, this property provides the canvas for your vision to come to life. Don't miss out on this rare opportunity to own your slice of waterfront paradise!
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Cap Rate Calculator
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 30, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Relisted | $8,900 | |
| Relisted | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by YOUR HOME SOLD GUARANTEED REALTY (PC) | $8,900 | |
| Listed by YOUR HOME SOLD GUARANTEED REALTY (PC) | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017