511 Neeleys Slough Drive
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 26, 2020 | Sold | ||
| Sold | |||
| Jun 20, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed | $399,999 | |
| Listed | |||
| | |||
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Remarkable views from this beautiful piece of property sitting in the quiet cove of Neeleys Slough. Two story boat dock sits back in the protected cove not far from the Cliffs marina. Dock has double seadoo lift, boat lift, and a trapeze. Great fishing off the dock. Property has a 3 car 1288 square foot garage. Property sits behind an electric gate. Build you dream home here and enjoy all the wonderful views.
| |||
| Feb 21, 2020 | Listed by Clark Real Estate Group | $399,999 | |
| Listed by Clark Real Estate Group | |||
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About Palo Pinto
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14287115
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017