3 Short Neck Rd
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 |
|---|---|---|---|
| Jul 28, 2026 | No longer available | - | |
| No longer available | |||
| Jun 27, 2026 | Listed by G Realty Inc. | $329,900 | |
| Listed by G Realty Inc. | |||
| Jun 21, 2026 | No longer available | - | |
| No longer available | |||
| Jun 11, 2026 | Price Decreased |
$329,900
↓ $20K
(5.7%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed by Village Realty HM, LLC | $349,900 | |
| Listed by Village Realty HM, LLC | |||
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Opportunity awaits for savvy contractor/builder! Situated between Broad Cove and Onset Bay and abutting new Bay Pointe Golf community this charming home is ready for you renovate and put your own touch. Offering 3 bedrooms, living room, den, eat in kitchen and 1.5 bathrooms. Some windows have been replaced. Water has been turned off due to broken pipes. Property will not qualify for conventional financing. Private accompanied showings only. Buyers must show proof of funds prior to showing can be confirmed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017