3701 Ginger Way
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 13, 2020 | Listed | $459,000 | |
| Listed | |||
| | |||
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Vacation and home is seamless as you enter your attached 2 car,LIFT MASTER GARAGE W/ INTERNET GATEWAY, yes, never forget if you left it open again! Passing thru your quaint and cozy, tiled open courtyard you are greeted by your secure front iron door, to then gain access into your formal entry. Beautiful and easy to maintain, LUXURY WATERPROOF VINYL PLANKS extend throughout, but lush new carpeting in the bedrooms greet you. The soft choice in neutral tones for the paint and flooring are calming and set the mood as you pass in the kitchen that is fully equipped with STAINLESS STEEL APPLIANCES, corian counters and a view of the formal dining & both side and back patio, complete with ceiling fan and permitted alumawood cover. Sipping on your glass of wine, on the back patio, with privacy to the back and side of you, you decide it's time to venture in, watch a movie in your over-sized family room with 8 inch baseboards throughout and custom sliding plantation shutters. OWNED SOLAR PANELS W/ INTEGRATED MICRO-INVERTERS, LED lights throughout and endless upgrades, along with RESORT STYLE COMMUNITY AMENITIES SUCH AS: heated pool, spa, activities, boccie ball, billiards and golf PLUS being 9 MINUTES FROM THE OCEAN will make being home at this fabulous 55+ setting synonymous to being on a vacation! The manager has listed the unit size as 1347 square feet.
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| Feb 17, 2017 | Sold | ||
| Sold | |||
| Jan 9, 2017 | Listed by Sea Coast Exclusive Properties | $349,000 | |
| Listed by Sea Coast Exclusive Properties | |||
| May 26, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017