5 Saltworks Lane
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 |
|---|---|---|---|
| Jun 23, 2017 | Sold | ||
| Sold | |||
| Dec 7, 2016 | Listed by Success! Real Estate | $319,900 | |
| Listed by Success! Real Estate | |||
| May 8, 2012 | Sold | ||
| Sold | |||
| Feb 17, 2012 | Listed by Success! Real Estate | $269,900 | |
| Listed by Success! Real Estate | |||
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Spacious 2460 sq ft 3 bedrm 3 bath Contemporary Gambrel in Taylor's Point with distant water views of Bay and Canal. 2 car garage under, utility room and walk out ground level. 1st floor includes generous sized living, dining, kitchen, full bath w/laundry and den w/slider to full length rear deck. 2nd floor has 2 guest bedrooms, hall bath, spacious master suite w/walk in, full bath w/shower and Jacuzzi and slider to full length rear deck offering spectacular sunset views. Priced to sell.
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| Feb 13, 2010 | Listed by Bridgeway REALTORS®, Inc. | $369,000 | |
| Listed by Bridgeway REALTORS®, Inc. | |||
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Spacious 2460 sq ft 3 bedroom, 3 bath Contemporary Gambrel in Taylor’s Point is elevated to meet flood plain guidelines. 2 car garage under & utility room w/walk out to flat rear yard. 1st floor has generous sized living, dining, kitchen, & den w/slider access to full-length rear deck. 2nd floor has 2 guest bedrooms, hall bath, and front to back Master Suite w/walk in closet, full bath w/shower & Jacuzzi, and slider to full-length deck with sunset views of Buttermilk Bay. New roof May 2010.
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