2121 Clipper Ship Dr
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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Luxe Realty Group | $595,000 | |
| Listed by Luxe Realty Group | |||
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Resting in a prime location near Travis Air Force Base, schools, parks, major freeways, grocery stores, and shopping malls, this single-family home sitting on a 13,503 sq ft lot is a rare opportunity waiting for your vision. The property has RV parking and an external generator, providing peace of mind and temporary power during any outage. The vast lot offers ample potential to design and create your dream outdoor oasis. Whether you envision building an ADU for guests or rental income, adding a luxurious swimming pool, or constructing an extended workshop, the possibilities are endless. Ready for renovation, this home invites you to design and build the perfect space tailored to your lifestyle. Don’t miss this unique opportunity to transform a spacious property into your ultimate retreat!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017