3522 Foremast Drive
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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 30, 2020 | Sold | ||
| Sold | |||
| Aug 10, 2020 | Listed by The House Company | $430,000 | |
| Listed by The House Company | |||
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Are you working from home now? This beautiful Lafitte’s Cove home has a flexible floorplan, tons of windows & natural light, 2 bedrooms and 2 bathrooms downstairs, and one large bedroom and bathroom upstairs that could also be your home office, zoom room, workout place & more. There is also a large, private, vinyl fenced yard lined with oleanders and lots of space in the garage for storage & outdoor entertaining. Short golf cart ride to the beach. Low flood and windstorm premiums. Room dimensions & taxes are approximate. Taxes include HOM. Mandatory memberships in Galveston Country Club, Pirates Property Owners’ Assoc, Lafitte’s Cove Property Owners’ Assoc & Lafitte’s Cove at Pirates Beach Nature Society. Flood is under $500/year and TWIA under $2500/year paid in 12/18.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017