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Lot 2061 MAYFLOWER 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, 2026 | Listed by Monument Sotheby's International Realty | $286,000 | |
| Listed by Monument Sotheby's International Realty | |||
| Apr 1, 2025 | Listed | $236,990 | |
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The Mulberry is a spacious 899 sq. ft. cottage designed to provide comfort and flexibility. With 2 bds & 2 full ba, it’s perfect affordable option for a 2nd home/beach house. The open dining & living area create a welcoming space for gatherings, while the optional front porch adds charm & outdoor functionality. Thoughtful details like a walk-in closet & utility area make The Mulberry both practical & inviting. This cottage checks all the boxes & can be modified to increase square footage & bedrooms. This home is located in Captain's Cove & features indoor & outdoor pools, a restaurant, banquette rooms, fitness center, basketball & tennis courts, boat launch, playground, security & so much more! Home is to be built & the photos of the model home may include options. Taxes based on land only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017