3023 Rocky Point Drive
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 |
|---|---|---|---|
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Listed by Realty Associates | $514,900 | |
| Listed by Realty Associates | |||
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Pearland Estates is an exclusive neighborhood zoned to award winning schools, walking trails, parks, lakes and more. This home stands out with its expansive front porch. This newly constructed (2014), modern, open concept home is energy efficient with zoned climate control along with spray foam insulation. BRAND NEW HVAC system with higher efficiency rating and UV light disinfection...put in this year, 2021. There is a green belt behind this home boasting beautiful trees, an extended covered back patio, & outdoor kitchen with gas grill & sink with bar. This home has a filtered water system, sprinkler system, built in pest control system, & is fully guttered. The backyard has been fully turfed meaning you'll never have to mow it, worry about mud or insects. A large media room that sits off of the huge game room that is equipped with a large screen and built in sound system and projector that also works in 3D that is staying with the house. Welcome to you home sweet home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017