291 Driftwood 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 |
|---|---|---|---|
| Jun 28, 2022 | Sold | ||
| Sold | |||
| Apr 25, 2022 | Listed by J. Lindsey Properties | $780,000 | |
| Listed by J. Lindsey Properties | |||
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Finally, a rare beach-front property with magnificent Gulf views located in a private gated community is now available to become your vacation dream home! Your friends and family will fall in love with this mid-century modern 6 bedroom home situated on a 16,000 SF lot with nothing separating you from the surf but the powdery white dunes of breathtaking Matagorda Beach. Updated and lovingly maintained by one family for over 30 years, this awesome house checks all the boxes. With its original Saltillo tile floors, vaulted ceilings and custom fireplace, this 2500+ square foot house will accommodate large gatherings in style. Having withstood several hurricanes and decades of summer holidays, this house was built to last. Recent updates include: All new Stucco Siding and Paint, Windows and Doors replaced in 2019, Bathrooms updated in 2016 and AC replaced in 2020. Schedule your showing today and celebrate Summer 2022 in this gorgeous, fully furnished, move-in ready home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017