70 Armour Dr
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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | In contract | - | |
| In contract | |||
| Aug 9, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Aug 4, 2023 | Listed by William Raveis Real Estate & Homes Services | $775,000 | |
| Listed by William Raveis Real Estate & Homes Services | |||
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With the bike trail right out your back yard and your choice of Cape Cod Bay, Cape Cod National Seashore or a freshwater pond all less than a mile away, this Cape house might have the most perfect location imaginable. Originally built to house a growing family (and a growing car collection) this home is ready for its next chapter. How would you use the 864 square feet of finished space above the garage—Guest overflow? Art studio (it gets gorgeous natural light) Media room? While a new owner is likely to make their own updates to the house, the maintenance has been thorough and consistent over its whole life. At this price, this is an amazing opportunity to make Eastham your home!
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| Jul 6, 2023 | Listed by William Raveis Real Estate & Homes Services | $775,000 | |
| Listed by William Raveis Real Estate & Homes Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017