1959 and 1969 Dumont DRIVE
About This Property
This expansive lot offers the potential for additional amenities, such as an extra garage or a luxurious pool, allowing you to create your dream waterfront retreat. The community itself boasts a range of recreational facilities, including a convenient boat ramp, tennis courts, and a playground – all available for your enjoyment.
While offering a peaceful oasis, this property is also strategically located near essential amenities. Experience the convenience of being in close proximity to shopping centers, restaurants, and schools, ensuring that daily necessities and entertainment options are easily accessible.
It's important to note that, at present, the lot does not have road access. However, the property is accessible through well-defined paper trails leading directly to the lot. This unique feature adds an element of exclusivity and privacy to your future haven.
Seize the opportunity to create your waterfront paradise on this exceptional oversized lot in Harbor Heights – where nature meets luxury living!
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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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Price Decreased |
$21,500
↓ $3K
(10.4%) | |
| Price Decreased | |||
| Jan 12, 2024 | Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | $24,000 | |
| Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | |||
| Jul 15, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017