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70 Clay Pond Rd
About This Property
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Cap Rate Calculator
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 16, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 18, 2025 | Price Increased |
$535,000
↑ $36K
(7.2%) | |
| Price Increased | |||
| Apr 4, 2025 | Listed | $499,000 | |
| Listed | |||
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This home is an excellent investment property opportunity. The separate living spaces provide flexibility for rental income or accommodating guests/family. And the location close to the beach and amenities. A proven track record of steady rental income is a major plus for any investor. A very attractive and profitable property listing. Highlights: - Four bedroom 2 bath home, new 4 bedroom septic system being installed, - Located roughly 1/2 mile to beach and charming Monument Beach Village - Main level with wood floors, kitchen and living room, 3 bedrooms and 1 bath - Separate 1 bedroom, 1 bath unit in lower level with kitche with newer luxury vinyl flooring. Will have walkout and ADU soon. All sitting on a 14,985 sq ft lot private backyard. - Convenient to highway & Bourne Bridge - Currently generating $3,500 per month in net income SOLD AS IS in good condition buyer/agent do own due diligence. Please verify all information herein.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017