24
Map
471 Drum Point Road
About This Property
Listed By
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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 21, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Keller Williams Realty Spring Lake | $589,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
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Truly unique property that must be seen in person to appreciate its size and potential. Close to 2,000 square feet of living space set on an impressive .88-acre property. This versatile ranch features three bedrooms and two full bathrooms. A wood-burning fireplace adds warmth and character to the spacious living room. A large basement provides even more room for storage, a workshop, or future possibilities. The family room opens to an 12 x 16 enclosed screened porch overlooking the in-ground pool. A detached two-car garage with electric offers valuable space for vehicles, equipment, hobbies, and workshop use. Recent updates include newer roof, windows, pool liner and pool cover.
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| Jun 3, 2026 | Price Decreased |
$625,000
↓ $14K
(2.2%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by Keller Williams Realty Spring Lake | $639,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017