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Map
3 Cranbury Lake Drive
About This Property
The spacious primary suite features a walk-in closet and full bathroom. The primary bathroom has a double sink and shower tub. Step outside to beautifully landscaped grounds and a paver patio, ideal for outdoor enjoyment. Enjoy waterfront living with 50 frontage, a new composite dock, new bulkhead and new fencing. Book your tour today!
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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 22, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Decreased |
$580,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Keller Williams Shore Properties | $590,000 | |
| Listed by Keller Williams Shore Properties | |||
| Jul 1, 2025 | Price Decreased |
$599,900
↓ $15K
(2.4%) | |
| Price Decreased | |||
Property Highlights
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About Mystic Island
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$2,700 /mo
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- 1,024 ft²
$2,000 /mo
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- 2 Baths
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017