5002 Captains 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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Relisted | $100,000 | |
| Relisted | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by Sparrow Realty | $125,000 | |
| Listed by Sparrow Realty | |||
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Beautiful bayou views, a quiet cul-de-sac setting, and a rare opportunity to create something special-this property is ready for the right investor, builder or visionary buyer. Located just across the street from the scenic bayou, this fire-damaged residence offers canel views, peaceful surroundings, and exciting potential. The home is being sold as-is and would need to be brought up to code or rebuilt. Buyers are encouraged to complete their due diligence with the City of Dickinson. Bring your vision, run the numbers and come see the possibilities for yourself.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017