345 Point Road
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 |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Listed | $1,250,000 | |
| Listed | |||
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Meticulous 3,500 +/- sq. ft. single-story contemporary home in East Marion! Built in 1976 but extensively renovated and expanded recently, this home offers an easy flow to the layout which includes a gourmet kitchen with custom cabinets and high-end appliances, dining area, formal living room with cathedral ceiling and fireplace, two additional family room spaces, mudroom, and home office. Also with 3 bedrooms, two of which are en suites, including the primary suite with walk-in closet, luxurious bathroom and dressing area. Custom mill-work abounds with beadboard, wainscotting, crown molding and custom built-ins in nearly every room. No attention to detail was spared during the renovation of this home! Set on a .87 acre private and professionally landscaped lot, with a rear patio, garden shed and circular driveway. Just a short drive to Piney Point, Planting Island and Kittansett Golf Club.
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| Nov 5, 2013 | Sold | ||
| Sold | |||
| May 7, 2013 | Listed by Coldwell Banker Residential Brokerage - Marion | $574,900 | |
| Listed by Coldwell Banker Residential Brokerage - Marion | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017