36176 CORDGRASS 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 |
|---|---|---|---|
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | Listed | $899,000 | |
| Listed | |||
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QUICK DELIVERY!!! Seller to provide up to 25k in closing cost assistance! Evergreene’s Award-Winning Bayberry home is now available for IMMEDIATE DELIVERY! Enjoy an upgraded kitchen, an extended rear deck that looks over the large private wooded homesite with water views, an IN-HOME ELEVATOR, and many more upgrades! Located in Evergreene’s newest luxury single-family community, Atlantic East, residents can enjoy a private community pool, clubhouse with rooftop deck, a community fire pit, and the peace and serenity that comes with staying in the coastal woodlands of the Delaware Beaches!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017