702 Driftwood Circle
About This Property
Well and septic is required.
With TWO, Gated Driveways Already Cut-In, You Can Easily Get to The CLEARED PAD for Your First Potential Build Site! There is PLENTY OF SPACE For An Accessory Unit or more!! MOBILES ALLOWED! Only a few minutes from Large-Chain Grocery and Shopping! Schedule a Walking Tour of the Property and SEE HOW AMAZING THIS PLACE IS!!!
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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 14, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed by Colonial Real Estate, Inc. | $49,900 | |
| Listed by Colonial Real Estate, Inc. | |||
| | |||
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CORNER LOT WITH LAKE AND MOUNTAIN VIEWS! Very Light Restrictions! RVs & Mobile Homes Allowed! Well & Septic Needed. It will likely need an alternative septic system. Visit https://www.epa.gov/septic/types-septic-systems to learn more.
With TWO, Gated Driveways Already Cut-In, You Can Easily Get to The CLEARED PAD for Your First Potential Build Site! There is PLENTY OF SPACE For Multiple Options!! Only a few minutes from Large-Chain Grocery and Shopping! Property Sold As-Is, Where-Is.
| |||
| Apr 29, 2024 | Listed by Colonial Real Estate, Inc | $74,900 | |
| Listed by Colonial Real Estate, Inc | |||
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About Jefferson
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Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3256843
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017