4435 CLIPPER Cove
About This Property
Property has covered front porch, screened back porch,splash pool, 2 gas fire-places, galley-style kitchen with GE Profile appliances,Rinnai hot water and good storage. Short distance to the community pool and public beach access. View this property to appreciate the open floor plan, Kohler fixtures, designer-style lighting, vessel sinks. Primary residence, second home, or vacation-rental for investment--this property fits the bill. Flooring in bedrooms and living area are laminate, baths are 18'' diagonal tile. Granite in kitchen and baths. Vessel sinks continue the contemporary flair. (Buyer to confirm all information, fees, and measurements.)
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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 18, 2016 | Sold | ||
| Sold | |||
| Oct 6, 2015 | Listed by Crye-Leike Coastal Realty | $510,000 | |
| Listed by Crye-Leike Coastal Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017