20
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35 Fleets Point Drive
About This Property
Set along a wide canal with approximately 80 feet of navy bulkhead, the property offers an incredible waterfront setting with direct access for boating and enjoying life on the water. A welcoming front porch adds to the home's charm, while the waterfront provides the perfect backdrop for relaxing or entertaining.
A great opportunity to enjoy waterfront living with generous indoor and outdoor space and everything you need to make the most of the South Shore lifestyle.
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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 |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Jul 27, 2026 | Listed by The Agency Northshore NY | $829,999 | |
| Listed by The Agency Northshore NY | |||
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017