633 Caribbean Way
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 |
|---|---|---|---|
| Jul 2, 2015 | Sold | ||
| Sold | |||
| Apr 16, 2015 | Listed by ERA American Real Estate | $249,900 | |
| Listed by ERA American Real Estate | |||
| Aug 17, 2012 | Sold | ||
| Sold | |||
| May 15, 2011 | Listed by Hallmark Realty Service Inc | $179,900 | |
| Listed by Hallmark Realty Service Inc | |||
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MOVE IN READY!! NOT A SHORT SALE!!! Home has many advantages, just to name a few: 1. New roof and Wind Mitigation Verification Report for Insurance Discount 2. New A/C Condenser (outside unit) better utility bills 3. Fresh paint/trim 4. New Tile floors in kitchen, mud/laundry room, foyer and bathrooms 5. New Garage Door w/hurricane braces 6. Two Pantries 7. Fireplace 8. 4 Ceiling Fans 9. Washer/Dryer Hook-ups 10. Pull down stairs 11. New Window Glass. Easy maintenance, lower insurance, less worry about roof and A/C, great rear deck overlooking green belt. Blue Water Bay is the place to live and play with Golf and Tennis Clubs, near the beaches and it's own Marina for boats. Who could ask for more!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017