29 Mandalay 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 |
|---|---|---|---|
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Sep 22, 2020 | Listed by ERA/ American Towne Realty | $345,000 | |
| Listed by ERA/ American Towne Realty | |||
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A spotless turn-key waterfront home in the heart of the Shore Acres community walking distance to nature trails, bicycle paths, the yacht club, and the Angela Hibbard Dog Park. This home is a true boaters and fisherman's delight, with substantial bulkhead on the Perry Lagoon. Garage with updated fishing rod storage & shelving galore. Inside the home, you will find hardwood floors, smart switches/lighting, and a security system. Modern eat-in kitchen with updated appliances & plenty of cabinet space. A light-filled living room with fireplace overlooking the lagoon. A sun-drenched Florida room/sun room with modern cabinetry and appliances for entertaining and relaxing. The yard contains above ground herb and vegetable garden with custom smart-technology irrigation system.
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| Jul 18, 2019 | Sold | ||
| Sold | |||
| Mar 14, 2019 | Listed by RE/MAX Revolution | $329,900 | |
| Listed by RE/MAX Revolution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017