259 Pointe 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 |
|---|---|---|---|
| Nov 27, 2018 | Sold | ||
| Sold | |||
| Sep 30, 2018 | No longer available | - | |
| No longer available | |||
| Sep 26, 2018 | Listed | $269,000 | |
| Listed | |||
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A nice lake-side home in a great community. 3 BR plus two more possible bedrooms in basement. 3 Full Baths. Large 1.75 acre lot, plenty of room to add garage or shop. Family room with fireplace on main level, plus large bonus room in basement. Granite counter tops and SS appliances in kitchen. Master suite is on 2nd level for privacy. All baths have ceramic tile floors, master bath also has tile shower. No lake view from house, but from the beach and dock you look over miles of water. Tankless water heater, so you will never run out of hot water. The manager has listed the unit size as 3231 square feet.
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| Aug 8, 2018 | Listed by Coldwell Banker Advantage | $269,000 | |
| Listed by Coldwell Banker Advantage | |||
| Jun 28, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017