396 Roat Drive
About This Property
LVP laminate floor throughout for cohesive feel. 1st fl features a bathrm & a large laundry rm. Upstairs discover sprawling primary bedrm w spectacular views from your private balcony-Trex decking. Primary has direct access to full bath & walk-in closet. 3 more bedrms w ceiling fans & lighted closets complete 2nd fl.
Outside: new driveway & 2+ car garage offer ample parking & storage. Enjoy immediate access to a boat/jet-ski launch. The patio, surrounded by grass is steps from the beach.
Recent updates 2023: new sewer line/kitchen island/driveway/porch. New 20'-metal roof/siding/HWT, plumbing/electric. 2,000 sq ft of living space, 50' of beach frontage, this home is perfect for year-round fun. Showings start 6/16/24. Open House 6/19 5-7pm
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jun 15, 2024 | Listed by Towne Housing Real Estate | $699,900 | |
| Listed by Towne Housing Real Estate | |||
| Nov 3, 2022 | Sold | ||
| Sold | |||
| Jul 29, 2022 | Listed by Towne Housing Real Estate | $489,000 | |
| Listed by Towne Housing Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017