88
Map
220 Cardinal 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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by Realty World Curri Properties | $635,000 | |
| Listed by Realty World Curri Properties | |||
| Jul 6, 2020 | Sold | ||
| Sold | |||
| May 25, 2020 | No longer available | - | |
| No longer available | |||
| May 24, 2020 | Listed by RE/MAX Elite | $449,500 | |
| Listed by RE/MAX Elite | |||
| |||
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MELBOURNE SHORES!! SPECTACULAR ARCHITECTURAL MASTERPIECE w/SOARING CEILINGS + FANTASTIC GUEST COTTAGE RIGHT IN BACK! CHARMING, UPGRADED & SPACIOUS ON 1/4 ACRE WITH NEARBY DEEDED OCEAN & RIVER ACCESS! High vaulted ceilings, array of unique windows & skylights, Corian counter tops, extreme trim work, exquisite decoration, wood burning fireplace & hard wood flooring throughout! INCREDIBLE INTERIOR LOFT VIEWS & EXPANSIVE EXTERIOR DECK VIEWS!! Formal living room, formal dining room, family room, interior laundry & enormous UPSTAIRS MASTER suite with sumptuous deep ''Claw foot'' tub & a whimsical hidden dressing room w/storage galore!! Relax on your private deck/patio or wander down to the beach or even fish on the river pier...EXTRAORDINARY NATURE RETREAT WITH PEACEFUL & TRANQUIL SURROUNDINGS!
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| Jan 22, 2020 | Price Decreased |
$449,500
↓ $10K
(2.1%) | |
| Price Decreased | |||
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About Melbourne Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017