41 Coveside 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 |
|---|---|---|---|
| May 1, 2023 | No longer available | - | |
| No longer available | |||
| Apr 29, 2022 | Listed by Better Homes and Gardens-The Masiello Group | $119,000 | |
| Listed by Better Homes and Gardens-The Masiello Group | |||
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This shorefront, building lot on Back Cove is ready to be developed into your island getaway. While walking distance to the PO, IOOF Hall, TIMS Market and Carrying Place public beach, this property is tucked away on a private dirt road and enjoys great views across Back Cove.
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| Jul 24, 2021 | No longer available | - | |
| No longer available | |||
| Mar 4, 2021 | Relisted | $119,000 | |
| Relisted | |||
| Feb 28, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017