37 Kentucky Drive
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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%.
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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.
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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 8, 2023 | Sold | ||
| Sold | |||
| Oct 6, 2023 | Listed by List With Freedom.com | $975,000 | |
| Listed by List With Freedom.com | |||
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Enjoy stunning bay views from this meticulously designed waterfront home! Every detail of this bayside gem reflects thoughtful planning and superior craftsmanship. With its open floor plan, vaulted ceilings, and two cozy gas fireplaces, this home creates an inviting space for entertaining.
This home boasts not one but three master suites, perfect for guests. The exceptional master bedroom treats you to awe-inspiring water views. Its ensuite bathroom is a luxurious retreat with a jetted tub, a walk-in shower, and spacious walk-in closets. In the family room, a freestanding gas fireplace adds warmth and charm, while sliding doors open to a wrap-around deck, where you can relish breathtaking sunrises year-round. Abundant natural light creates a perpetual vacation ambiance. FULLY FURNISHED!! FULLY FURNISHED!!
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| Sep 7, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $429,000 | |
| Listed | |||
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BAY VIEWS! Exceptionally well thought out & well built bayside waterfront home moments to bay boasts views from everywhere inside & out of this fine home. Inviting entertaining home has vaulted ceilings, open floor plan, 2 gas fireplaces, center island/breakfast bar, craft made custom kitchen w/pull outs & top of line appliances included. French doors to formal dining room, sliders to decks overlooking water & bay. Main level master bedroom suite has full bath w/jetted tub, stall shower & walk in closet. Free standing natural gas woodstove in family room & sliders to another deck capturing bay views. Tons of recessed lighting! 12 ceiling fans. Ground level garage converted to family/game room easily converted back to garage. Enjoy the hot tub while taking in bay breezes & bay views.The manager has listed the unit size as 3000 square feet.
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| Apr 18, 2017 | Listed by Keller Williams Realty Atlantic Shore | $429,000 | |
| Listed by Keller Williams Realty Atlantic Shore | |||
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About Mystic Island
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21714877
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