26 Island Drive
About This Property
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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 |
|---|---|---|---|
| Jun 11, 2021 | No longer available | - | |
| No longer available | |||
| May 21, 2021 | Price Decreased |
$499,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Apr 30, 2021 | Price Decreased |
$510,000
↓ $39K
(7.1%) | |
| Price Decreased | |||
| Mar 16, 2021 | Listed | $549,000 | |
| Listed | |||
| | |||
|
WATERFRONT PEA PORRIDGE! Amazing home overlooking Pea Porridge Pond with 50 feet of frontage. All newer appliances, newer flooring, two bedrooms, 1.5 baths, mini split AC, on demand generator, large shed and very low maintenance. Open concept with tons of natural light, energy efficient, and close to all Valley activities. Five ponds to explore and access to Silver Lake. Ten minutes brings you into town for shopping, restaurants, and so much more. Whether it's hiking in the mountains or boating on the pond. Two lots of record (tax map 107, lots 28 and 41) being sold together. Home is being sold fully furnished less personal items. Also has sandy beach just a short walk away! This one will not disappoint! The manager has listed the unit size as 1364 square feet.
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| Aug 14, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017