411 Townsend Drive
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 7, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $1,089,000 | |
| Listed | |||
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"If you are lucky enough to live by the beach, then you are lucky enough." Experience this for yourself in this beautiful Rio del Mar home. The open floorplan is bright and spacious with vaulted ceilings, large windows, and tree-top views. This three-bedroom home offers it all! Walk to Rio del Mar State Beach. Relax and entertain on the sunny balcony. Play in the large backyard with the kids or pets. Cuddle up by the wood-burning fireplace. However you spend your day, unwind and pamper yourself in the two updated, spa-like bathrooms. With a home like this, perhaps the saying should be, "If you are lucky enough to live at 411 Townsend Drive, then you are lucky enough". The manager has listed the unit size as 1696 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017