320 EAGLE CREEK Road
About This Property
Chesapeake Bay lighthouse, was moved down river and turned into a phenomenal riverfront home. Too many features to list but include, vaulted
ceilings, wood floors, European style bathrooms, ground floor would make excellent in-law suite, full wrap porch, and Elevator.
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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 |
|---|---|---|---|
| May 8, 2018 | Sold | ||
| Sold | |||
| Jul 5, 2017 | Listed by WATSON REALTY CORP | $545,000 | |
| Listed by WATSON REALTY CORP | |||
| Apr 9, 2005 | Listed by WATSON REALTY CORP | $825,000 | |
| Listed by WATSON REALTY CORP | |||
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The most unique property on the river! Still under construction/renovation! 2001 Hurricane code constr. Price includes 2nd & 3rd floor completion (3BR,3BA) and plans for ground floor (addl 2br/2ba & game room). Arch drawings on file. 105' riverfront/sand beach-high & dry. UNREAL RIVER VIEWS!! ONE OF A KIND PROPERTY. History & pictures on file. Call for more info.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017