702 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 |
|---|---|---|---|
| May 11, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2019 | No longer available | - | |
| No longer available | |||
| Mar 22, 2019 | Listed by NextHome Bayside Realty | $359,900 | |
| Listed by NextHome Bayside Realty | |||
| | |||
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Bluewater Bay home on large corner lot!! Mostly brick, this home is convenient to restaurants, shopping and mid-bay bridge. Large deck and in-ground pool with fenced yard for pool safety and pets. Unique custom-built, children's two-story playhouse in back yard. Newer roof and HVAC. Wood burning fireplace in large family room. Separate heated and cooled area in garage can be used as office and long driveway can easily accommodate 4+ cars. Active, transferable termite bond. The manager has listed the unit size as 1634 square feet.
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| Aug 27, 2015 | Sold | ||
| Sold | |||
| Jul 11, 2015 | Listed by Coldwell Banker Realty | $268,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017