487 West 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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by Oasis Realty Group LLC | $679,900 | |
| Listed by Oasis Realty Group LLC | |||
| | |||
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Welcome to this beautiful home that has just undergone a stunning renovation that will have you living in seaside luxury! From the impeccable chef's kitchen to the multiple living areas and dining area, no detail has been overlooked. The modern brick fireplace adds to the charm you're greeted with once you enter and the water views from almost every window are a truly wonderful sight. This three bedroom, two bathroom home will have you feeling like you're on vacation every day, especially with the 60 feet of bulkhead and your own boat slip, too! Don't wait as this one won't last.
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| Jul 21, 2024 | No longer available | - | |
| No longer available | |||
| Jun 20, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017