318 Commander Drive
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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 |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | Listed by Comiskey Realty | $1,074,000 | |
| Listed by Comiskey Realty | |||
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Bayview 3 Bedroom and a bunk room, Elevator, Mosquito Mister, Boat house has 2 Boat Slips, New Plumbing and more come and check it out yourself. Beautifully updated.
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| Oct 1, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by Oak Realty | $869,000 | |
| Listed by Oak Realty | |||
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Beautiful Tiki home with view of Jones Bay. Over 1600 sq foot of covered outdoor living. Large Boat slip over 30 foot long and a second slip for your jet skies with a double lift. Both with straight in access on deep canal. Easy access to intercoastal. An electric pressure washer and live well are right next to the lifts. Take the elevator up to some beautiful views where you can see both Sunrise and Sunsets on 2 decks. One deck is over 1700 sq feet. If you don't feel like taking the boat out don't worry! This spot is well known for good fishing right off the deck! All 3 bedrooms have their own full bath making it perfect for your guest. This one is a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017