1987 Cayman Drive
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 |
|---|---|---|---|
| May 18, 2022 | Sold | ||
| Sold | |||
| Mar 11, 2022 | Listed by Austin & Austin Real Estate | $849,900 | |
| Listed by Austin & Austin Real Estate | |||
| Mar 31, 2008 | Sold | ||
| Sold | |||
| Sep 2, 2005 | Listed | $669,000 | |
| Listed | |||
| | |||
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$50,000 Builder incentive on contracts by August 31, 2006. Call for details. Unbelievable 2-Story. You won't be dissapointed! Large office, formal living and dining room, large 15x15 loft that is the center of all of the bedrooms upstairs. Great floor plan for entertaining with a large family room off of the gourmet kitchen. 3-car drive through garage. Price to include landscaping. Don't miss out!
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| Apr 14, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017