242 Dockside Drive
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 |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Listed | $295,000 | |
| Listed | |||
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Build your dream home or relaxing vacation home on this spacious 5.32 acre lot in the newly developed, prestigious Runaway Bay subdivision, with riparian rights to the beautiful Niagara River. This development is a unique opportunity to have direct access to the River, and the ability to enjoy all that this waterfront has to offer. The property has been leveled and ready to build on. This is the largest lot, at the back of the development, with no rear neighbors. Feel free to use the builder of your choice and get to work planning your new home! This property offers unparalleled waterfront access and includes your own private dock, featuring a lift, perfect for your boats and watercraft. Kayak racks available, ensuring easy storage and convenient access to the Niagara River. All property owners in Runaway Bay have the ability to use and enjoy the charming and newly built clubhouse along the waterfront. Fully equipped with a kitchen, bathroom, grill and storage cubbies. Spend peaceful evenings around the fire pit, looking across the River to Canada and watching the sunset. Luxury living at its finest! Close to bike paths, Artpark and less than 10 min to the Canadian bridge.
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| Feb 7, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017