28 Drift Road
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 |
|---|---|---|---|
| Apr 20, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $5,450,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
| Jul 15, 2016 | Sold | ||
| Sold | |||
| Apr 20, 2015 | Listed by Sotheby's International Realty | $2,490,000 | |
| Listed by Sotheby's International Realty | |||
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The perfect beach front property - with two houses! On a private road between seaside and salt marsh, this westward facing exceptionally rare offering is a 1.7 acre property with a three bedroom oceanfront house and a charming three bedroom summertime guest cottage. With all of the ambiance that coastal living offers, this property has a private sandy beach on Black Beach and takes in the sweeping views of Buzzards Bay. Relax on the decks, listen to the surf and watch the amazing sunsets. Or paddle your craft in the calm waters of the Sippewissett Marsh. This is your opportunity to own the Cape Cod Dream.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017