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Lot 429 CAPTAINS CORRIDOR
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 |
|---|---|---|---|
| Jan 16, 2026 | Listed by Monument Sotheby's International Realty | $18,000 | |
| Listed by Monument Sotheby's International Realty | |||
| Jun 3, 2024 | No longer available | - | |
| No longer available | |||
| Mar 25, 2024 | Listed by DOCKSIDE PROPERTIES | $12,500 | |
| Listed by DOCKSIDE PROPERTIES | |||
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A fantastic opportunity for Golf Course living, and maybe even some Bay Breezes thrown in too! Partially-wooded, backing up to the 1ST HOLE, LOT 429 CAPTS CORRIDOR, in Captains Cove's Award-Winning Golf Course Section, is also located across the street from the Marina Club & Boat Ramp. Captains Cove Golf & Yacht Club, on VA's Eastern Shore, is a dynamic, fast-growing, private community w amenities galore. A stone's throw from the VA/MD State Line. Ocean City & Salisbury MD. less than 1-Hr. drive, Wallops & Chincoteague VA. w/in 30 min. drive. Amenities: 9-Hole Golf Course, Tennis, 3 Pools-In/Out, Boat Ramp, Fitness & Community Center, Rest.& Bar, Playground, Nature Trails, Dogpark, 24-Hr Security & more. No Builder commitments -Buy now-Build later. Call today for more info!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017