2 Cormorant Drive
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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 |
|---|---|---|---|
| Aug 19, 2021 | Sold | ||
| Sold | |||
| Mar 21, 2021 | Listed by Village Real Estate | $1,500,000 | |
| Listed by Village Real Estate | |||
| | |||
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Upscale Cormorant Point with beach access. 3 bedroom contemporary home with 3.5 baths, Large Living room with fireplace, dining room, eat in kitchen. Master bedroom on the first floor, Juliet balcony off upstairs bedroom overlooking the pool, finished partial basement. Outside is designed for entertainment with 20x40 salt water heated gunite pool with jacuzzi and separate hot tub. Add the Covered porch and Gazebo with outdoor kitchen. Ready for summer enjoyment. $1,500,000
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| Jun 3, 2013 | Sold | ||
| Sold | |||
| Jan 7, 2013 | Listed by Deluca Hamptons Realty | $685,000 | |
| Listed by Deluca Hamptons Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017