3 Packet Lndg
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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 |
|---|---|---|---|
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $685,000 | |
| Listed | |||
| | |||
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Catch of the day, live by the Bay; boat launch 500 ft. away, access to Little Pleasant Bay. Enjoy this contemporary Cape with 3 bdrms, 2 full baths on a private acre near the water. There are two 1st floor bedrooms, a full bath, open kitchen - dining area, and a living room with cathedral ceiling, fireplace, sliding doors to a deck overlooking a private garden, The second floor contains a large bedroom, bath and a loft like family room. The lower level has a walkout basement with two finished rooms, a laundry and storage area and one car garage. The interior is freshly painted, newly carpeted and the hardwood floors just refinished. Boaters and fisherman will be pleased to find a public boat launch a few hundred feet away that provides access to Little Pleasant bay and the Ocean beyond. The manager has listed the unit size as 1864 square feet.
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| Jun 27, 2017 | Listed by Kinlin Grover Real Estate | $575,000 | |
| Listed by Kinlin Grover Real Estate | |||
| May 3, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017