3301 Island 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 |
|---|---|---|---|
| Aug 18, 2017 | Sold | ||
| Sold | |||
| Mar 9, 2017 | Listed by Century 21 Signature Properties | $195,000 | |
| Listed by Century 21 Signature Properties | |||
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OAK POINT OVER 55+ Community where the residents love calling this place home. Excellent manufactured home built in 2000 and has 3 bedrooms and 2 full baths and a 1-car garage. Sell the lawn mower, snow blower and let someone else do that work for you. This home is an excellent value and has a new heating system and air conditioning. Roof is only 1-year old, hot water heater new in 2012, hardwood floors, lots of storage and high ceilings. Find out why so many make Oak Point their home. Oak Point with events and activities for an active adult lifestyle. 3 swimming pools, fitness center, billiards room, tennis courts, bocce courts, library, craft room, card room and more. Open House Sunday from 2:00-3:00, May 7th!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017