70 Green Tree 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%.
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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 |
|---|---|---|---|
| Sep 20, 2021 | Sold | ||
| Sold | |||
| Jul 31, 2021 | Listed by Woodlands Realty Professionals | $275,000 | |
| Listed by Woodlands Realty Professionals | |||
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Enjoy LAKE LIFE in this 2016, adorable FARM-HOUSE style cottage located in the prestigious 24-hour manned gated community, Cape Royale. Curb appeal galore ! Extensive covered front and back porches perfect for enjoying the 360 nature reserve with NO NEIGHBORS BEHIND!! Kitchen design is stunning with QUART countertops , FARM SINK, SS appliances, custom shelving, and breakfast bar open to the dining / living room. Home offers a real wood burning fireplace, HUGE walk-In pantry/laundry room under the stairs, cute barn doors, high ceilings & an abundance of tall windows. Primary suite is on the 1st floor with a farmhouse style tub, walk-in shower, and CUSTOM BUILT-IN closet organizers. A must see! Navigate through the matterport video to see features of the home close-up.
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| Dec 23, 2019 | Sold | ||
| Sold | |||
| Jul 30, 2019 | Listed by Vaughan & Associates Inc. | $240,000 | |
| Listed by Vaughan & Associates Inc. | |||
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Escape to this charming cottage nestled amongst the trees in Cape Royale. Potentially four bedrooms, this tastefully decorated home maximizes space. The master suite is downstairs and guest bedrooms and bath upstairs. The ideal location adjacent to a wooded POA reserve allows you to observe nature from the privacy of the back deck. The side yard adjacent to the two-car garage is fenced for little ones. Rent a boat slip at the nearby Cape Royale marina and you are set to enjoy the lake!
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About Cape Royale
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$950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017