5103 Island 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 |
|---|---|---|---|
| Mar 3, 2022 | Sold | ||
| Sold | |||
| Dec 14, 2021 | Listed by Level Up Realty | $384,900 | |
| Listed by Level Up Realty | |||
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Welcome To "Oak Point" - Enjoy Resort Style Living in desirable 55+ Community- Beautifully decorated & well maintained "Sterling" Style home featuring open flr plan w/ vaulted ceilings, 3 bedrooms plus den/office, 2 full baths, 3 Season Porch & 2 car garage plus shed for extra storage -Plenty of Parking- Bright & Sunny Kitchen w/ recessed lighting, tons of cabinets w/ new hardware, newer SS Appliances, granite counter tops and peninsula- Floor to Ceiling Gas Fireplace living room- Laundry room w/ sink- Hardwood floors- Roof 3 yrs -Refinished hardwood floors, Amenities: lease includes land lease, taxes, sewer, trash removal, snow removal to door, lawn care & shrub trimming- Park facilities includes 3 heated pools (1 indoor), Pickle Ball, Bocce Ball, 2 Spas, Tennis Courts, Shuffle Board, full Gymnasium, Ball Room that seats 500, Fitness Room w/ extensive equipment, Billiards Room, Craft Room, Library, & much more. Social director plans 75 activities a month-NO PROPERTY TAXES EVER!
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| Jun 28, 2013 | Sold | ||
| Sold | |||
| Mar 14, 2013 | Listed by Keller Williams Realty | $187,000 | |
| Listed by Keller Williams Realty | |||
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This beautiful 3 bdrm/2 bath Sterling model home boasts wood floors; 3-season porch; plenty of cabinet space; a gas fireplace; 3 Velux Thermopane Skylights & so much more. Enjoy the Oak Point lifestyle while living in a home that makes you proud in which to entertain or just enjoy your solitude. Have morning coffee on your light-filled porch or sit by the fireplace w/a book. Monthly lot fee of $607 incl taxes,snow removal, lawn service, sewer, 3 pools,tennis,clubhouse, fitness cntr; amenities.
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| Aug 7, 2011 | Listed by Saxon Realty, LLC | $265,000 | |
| Listed by Saxon Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017