Lot 30 Tiki 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 |
|---|---|---|---|
| Jul 29, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by JPAR - The Sears Group | $85,000 | |
| Listed by JPAR - The Sears Group | |||
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CALLING ALL DREAMERS! Now is your chance to own a great lot on Tiki Island with unobstructed bay views. Build your dream home or vacation property on this generous lot priced to sell on Tiki Dr. This property is just steps away from where the new boathouse resort and yacht club is being built. Isn't it time you upgraded your lifestyle? Don't miss this opportunity!!
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| Feb 6, 2019 | No longer available | - | |
| No longer available | |||
| Feb 4, 2019 | Sold | ||
| Sold | |||
| Jan 5, 2019 | Listed | $85,000 | |
| Listed | |||
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Beautiful corner lot - on the corner of Tiki Drive and Paradise.....Water access that can easily be reconfigured for additional access! Build your dream home with a pool on this fabulous oversized lot. Best priced lot on Tiki - The manager has listed the unit size as 7187 square feet.
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About Tiki Island
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Last Updated: 6 months ago
Data Source: HAR , MLS# 12139381
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017