3525 Marthas Lane
About This Property
Trex Dock equipped with 3 Boat Lifts 4.5K, 9K & 16K lbs, Paver Driveway & Pool Deck & Spa, New Plumbing throughout
Quarts Countertops & New Appliances, 16k Generac Generator w/ buried Propane Tank, Whole House Sonos Sound
System, A/C'ed Garage, 2014 Metal Roof & Much More!
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Cap Rate Calculator
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 8, 2024 | No longer available | - | |
| No longer available | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| May 4, 2024 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Mar 21, 2024 | Listed by Dale Sorensen Real Estate, Inc. | $1,200,000 | |
| Listed by Dale Sorensen Real Estate, Inc. | |||
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RARELY AVAILABLE BOATER'S CANAL FRONT DREAM HOME IN HOBART LANDING WITH 3BR, 3BA. THIS HOME HAS BEEN COMPLETELY REMODELED BETWEEN 2020 & 2023 WITH AN 80 FOOT TREX DOCK W/ 3 BOAT LIFTS, 4.5K, 9K & 16K LBS., PAVER DRIVEWAY & POOL DECK & SPA. NEW PLUMBING THROUGHOUT, QUARTZ COUNTERTOPS & NEW APPLIANCES, 16k GENERAC GENERATOR W/ BURIED PROPANE TANK, WHOLE HOUSE SONOS SOUND SYSTEM, STONE WOOD FIREPLACE W/ ELECTRIC INSERT, A/C'ed GARAGE, 2014 METAL ROOF & MUCH MORE! rmszappx&sub2err. The manager has listed the unit size as 2695 square feet.
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| Dec 17, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017