236 Blackwell Point Loop Road #3
About This Property
The manager has listed the unit size as 2970 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 9, 2021 | No longer available | - | |
| No longer available | |||
| Nov 11, 2020 | Price Decreased |
$395,000
↓ $44K
(10%) | |
| Price Decreased | |||
| Jun 23, 2020 | Listed | $438,900 | |
| Listed | |||
| | |||
|
INVESTORS TAKE HEED. THIS UNIT QUALIFIES TO BE ADDED TO AN AIR B&B RENTAL PROGRAM OF YOUR CHOICE. Waterfront living with little or no maintenance. Watch the sunsets everyday and the boaters on Smith Creek play. Luxury at its finest. This unit was built and completed in 2016. 3 bedrooms, 4 bath on three story town home with a custom elevator. Granite countertops in the spacious fully equipped kitchen with living room/dining room on the top floor. Master suite and bath over looking Smith Creek and the Oriental ICW. The Mighty Neuse River is just a 2 minute boat ride from your very own boat slip. This spacious unit also has a one car garage with outside parking for 4 more cars. The ground floor area has a separate seating area and a large screened porch that leads you to the docks and boat slips. Seller will convey 2 boat slips and a permitted mooring ball as well. INVESTORS take heed. This unit qualifies to be added to an Air B&B rental program of your choice. The manager has listed the unit size as 2970 square feet.
| |||
| May 2, 2020 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | Price Decreased |
$425,000
↓ $44K
(9.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2022
| |
Loft
|
-
|
-
|
$150,000
Loft
-
|
-
-
|
Becky L LaForest
UNITED REAL ESTATE COASTAL RIVERS
|
|
09/01/2020
| |
Loft
|
-
|
-
|
$150,000
Loft
-
|
-
-
|
MICHELLE FODREY
VILLAGE REALTY
|
|
06/23/2020
|
3 Bed
|
4 Bath
|
2970 ft²
|
$438,900
3 Bed
4 Bath
2970 ft²
|
-
-
|
-
| |
|
05/26/2019
|
3 Bed
|
4 Bath
|
2970 ft²
|
$469,000
3 Bed
4 Bath
2970 ft²
|
-
-
|
-
| |
|
02/04/2017
| |
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
|
01/11/2017
|
3 Bed
|
4 Bath
|
2970 ft²
|
-
3 Bed
4 Bath
2970 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017