3101 Captains Way
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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%.
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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 30, 2024 | Listed | $2,300,000 | |
| Listed | |||
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Renovated Club Cottage - Within walking distance to The Club, Tennis, Pickleball, Marina & Spa. Open kitchen to family, awning over patio, synthetic turf, updated Primary bath and new floors throughout. This unit is move in ready!
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| Jan 10, 2024 | Sold | ||
| Sold | |||
| Aug 29, 2023 | Listed by Waterfront Properties & Club C | $1,800,000 | |
| Listed by Waterfront Properties & Club C | |||
| May 21, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2019 | Listed by Admirals Cove Realty Co Inc | $575,000 | |
| Listed by Admirals Cove Realty Co Inc | |||
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Great location, walking distance to Clubhouse and Marina. Light and bright freestanding club cottage with skylights, cathedral ceilings, 16'' white tile floors. Updated kitchen features white shaker cabinets, granite counters, SubZero fridge and brand new Bosch dishwasher. Backyard is lushly landscaped for privacy.
Required golf membership purchase conveys all the first class amenities of Admirals Cove including two spectacular clubhouses, 45 holes of golf, 5 restaurants, 63 slip brand new marina with floating docks, Yacht Club, 13 har tru tennis courts, state of the art fitness, brand new spa, Covesters kids club and Platinum service.
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About Admiral's Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017