1825 Cable Drive
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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 |
|---|---|---|---|
| Mar 5, 2025 | Listed | $1,375,000 | |
| Listed | |||
| | |||
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Waterfront Paradise with 130 Feet of Bulkhead - A Boater's Dream! Welcome to this stunning Key West-style home, perfectly situated on 130 feet of prime waterfront. Bring all your boats and water toys - this property offers ample space, including a vinyl bulkhead. Elevated for peace of mind, the home features a spacious lower level with a two-car garage with separate driveways, a half bath, and abundant storage. Ascend to the main level, where you'll be greeted by a beautiful foyer leading into an open floor plan adorned with hardwood floors throughout. The living room boasts a cozy gas fireplace, while the dining area flows seamlessly into a chef's kitchen equipped with a center island, Thermador oven and hood, quartz countertops, custom cabinetry, and a ceramic tile backsplash. Sliders off the kitchen lead to a beautiful Trex deck, perfect for outdoor dining and entertaining.
The luxurious primary suite features a spa-like master bath with a granite vanity, soaking tub, shower stall, and a walk-in closet. A second bedroom and additional bath complete this level. Upstairs, a spacious family room with a fireplace is the perfect retreat, along with two additional bedrooms and a full bath.
Step outside to a backyard built for entertaining, featuring two large paver patios. One patio is perfect for outdoor dining and gatherings, while the second boasts a paver fire pit with ample space for a table and chairs-ideal for roasting marshmallows and enjoying cool summer nights by the fire. Additional highlights include landscape lighting, a tiki bar with electric, and an oversized two-car garage with a workshop and built-in cabinetry.
This home is equipped with solar panels for lower electric bills, high-efficiency multi-zone baseboard heating, and central air, ensuring year-round comfort and energy efficiency.
Enjoy direct access to the open bay, with a 20-minute boat ride to the ocean and close proximity to Tice's Shoal and F-Cove for summer fun. Waterfront dining is just minutes away by boat!
Experience the ultimate coastal lifestyle in this vibrant waterfront community - this home has it all!
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| Feb 9, 2025 | Listed | $1,475,000 | |
| Listed | |||
| | |||
|
Waterfront Paradise with 130 Feet of Bulkhead - A Boater's Dream!
Welcome to this stunning Key West-style home, perfectly situated on 130 feet of prime waterfront. Bring all your boats and water toys - this property offers ample space, including a vinyl bulkhead.
Elevated for peace of mind, the home features a spacious lower level with a two-car garage with separate driveways, a half bath, and abundant storage. Ascend to the main level, where you'll be greeted by a beautiful foyer leading into an open floor plan adorned with hardwood floors throughout. The living room boasts a cozy gas fireplace, while the dining area flows seamlessly into a chef's kitchen equipped with a center island, Thermador oven and hood, quartz countertops, custom cabinetry, and a ceramic tile backsplash. Sliders off the kitchen lead to a beautiful Trex deck, perfect for outdoor dining and entertaining.
The luxurious primary suite features a spa-like master bath with a granite vanity, soaking tub, shower stall, and a walk-in closet. A second bedroom and additional bath complete this level. Upstairs, a spacious family room with a fireplace is the perfect retreat, along with two additional bedrooms and a full bath.
Step outside to a backyard built for entertaining, featuring two large paver patios. One patio is perfect for outdoor dining and gatherings, while the second boasts a paver fire pit with ample space for a table and chairs-ideal for roasting marshmallows and enjoying cool summer nights by the fire. Additional highlights include landscape lighting, a tiki bar with electric, and an oversized two-car garage with a workshop and built-in cabinetry.
This home is equipped with solar panels for lower electric bills, high-efficiency multi-zone baseboard heating, and central air, ensuring year-round comfort and energy efficiency.
Enjoy direct access to the open bay, with a 20-minute boat ride to the ocean and close proximity to Tice's Shoal and F-Cove for summer fun. Waterfront dining is just minutes away by boat!
Experience the ultimate coastal lifestyle in this vibrant waterfront community - this home has it all!
| |||
| Jun 11, 2024 | Sold | ||
| Sold | |||
| Mar 31, 2024 | Listed by EXIT Realty Jersey Shore | $1,199,000 | |
| Listed by EXIT Realty Jersey Shore | |||
| Jul 6, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017