20 Point Road
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 |
|---|---|---|---|
| Sep 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 29, 2024 | Price Decreased |
$479,000
↓ $999
(0.2%) | |
| Price Decreased | |||
| Aug 27, 2024 | Relisted | $479,999 | |
| Relisted | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 3, 2024 | Listed by EXP Realty | $479,999 | |
| Listed by EXP Realty | |||
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Located in Southampton Township with low taxes, this charming and cozy 2-bedroom, 1-bathroom home near the water features new mechanicals, natural gas, an upgraded electric panel, and a brand-new septic system. Situated on a spacious lot with a good-sized deck and a full-sized basement, this property offers ample opportunities for expansion and the potential for a home office. Perfect as a starter home, enjoy a cozy and peaceful lifestyle with convenient access to local amenities. Being part of Southampton Township grants you town beach access. Don't miss out on this move-in-ready gem with fantastic growth potential!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017