3 Shore Drive
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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 |
|---|---|---|---|
| May 31, 2011 | Sold | ||
| Sold | |||
| Mar 30, 2011 | Listed by William Raveis R.E. & Home Services | $445,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| May 10, 2010 | Listed by ERA Belsito & Associates, Inc. | $499,900 | |
| Listed by ERA Belsito & Associates, Inc. | |||
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Oversized Cape Style Home with beautiful waterviews. Located at the end of Kingston Shores. Gormet kitchen with granite counters and stainless steal appliances. Radiant Heated Floors Large Island with built-ins. Open floor plan and large windows to let natural light in. Three good size bedrooms, laundry and a Family Room, with cathederal ceilings on the second floor. Lower Level is partially finished. Commuter Rail and highway less than 2 miles.
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| Apr 16, 2002 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017