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22 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 |
|---|---|---|---|
| Jun 28, 2011 | Sold | ||
| Sold | |||
| Apr 1, 2011 | Listed by Coldwell Banker Residential Brokerage - Marion | $2,695,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marion | |||
| Dec 2, 2008 | Listed by LandVest, Inc. | $2,750,000 | |
| Listed by LandVest, Inc. | |||
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A spectacular waterfront home situated across the street from the renowned Kittansett golf club. Features 270 degree views including unobstructed views of the harbor, the Elizabeth Islands and Bird Island lighthouse, and the golf course. The home was expanded and updated in 2004 with top of the line finishes and includes 5 spacious bedrooms and 4 full baths. There are beautiful perennial gardens surrounding the home and the heated pool and a broad lawn area extending down to the water.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017