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38 Salt Island Road
About This Property
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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 22, 2010 | Sold | ||
| Sold | |||
| Aug 20, 2010 | Listed by KL Real Estate | $895,000 | |
| Listed by KL Real Estate | |||
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This shingle style contemporary home within steps to Good Harbor and Long Beach offers breathtaking views of the Atlantic Ocean from its 3 levels of decks and almost every window. Enjoy this 3 bdrm home with an in-law suite for year-round living or as an extraordinary beach house. This home offers an open floor plan, master bedroom suite with private office, library with vaulted ceilings, two fireplaces, and a private spa room. Perfectly laid out for entertaining, year round fun and pleasure.
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| Jun 14, 2010 | Listed by Coldwell Banker Residential Brokerage - Gloucester | $1,100,000 | |
| Listed by Coldwell Banker Residential Brokerage - Gloucester | |||
| Mar 20, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017