4414 Island 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 |
|---|---|---|---|
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Feb 22, 2022 | Listed by Lone Star Realty | $248,990 | |
| Listed by Lone Star Realty | |||
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Welcome to this breathtaking, gorgeous WATERFRONT VIEW home!!! Truly this is an an immense waterfront site that's perfect for a short getaway from busy city life to just simple beautiful nature environment where you will enjoy fishing, watching sunset, boat ride or even swimming right in your front yard. The property has 2 LOTS! the house is on one lot and the adjacent VACANT LOT has so much POTENTIAL and is READY for any future DEVELOPMENT to generate more income. Open floor concept with large living/family room and a cute kitchen for your vacation get together. NEW SIDDINGS! 4 convenience PILING POSTS were installed to dock your boat. This property is great for Air B&B or rental because of the location. Set up your showings today for a chance to invest on Islands Drive.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017