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24 Cove 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 21, 2010 | Sold | ||
| Sold | |||
| Jul 16, 2009 | Listed by Coldwell Banker Residential Brokerage - Bolton | $325,000 | |
| Listed by Coldwell Banker Residential Brokerage - Bolton | |||
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Septic design for a five bedroom home, but a smaller house would also be possible. (installation cost:$19,350.) 297 feet of elevated pond frontage and nearly two acres of lightly wooded rising land behind. Quiet and peaceful as an estate retreat at the far end of Bare Hill Pond. Bring your architect.Take advantage of this panoramic setting, Conservation land across the water with great blue herons and other wild-life.
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