72 Andrew 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 |
|---|---|---|---|
| Jun 30, 2022 | Sold | ||
| Sold | |||
| May 25, 2022 | Listed by Coldwell Banker Home Connection | $675,000 | |
| Listed by Coldwell Banker Home Connection | |||
| | |||
|
Prime Location! Minutes to the open bay with no bridges. This beautiful Ranch is on a Cul-de-sac near the entrance of the lagoon, is raised high and COMPLETELY renovated down to the studs. Luxury plank flooring flows through the living room, dining room/sunroom, and kitchen. Living room has vaulted ceiling and pendant ceiling fans. Kitchen features granite counters, stainless steel appliances, and over the sink window. The dining/sunroom area has double sliding glass doors and windows, water views all around. Sprawling deck wraps around with open area great for grilling, entertaining, and soaking in the sun. The deck also provides a large covered area for those that prefer shade. Composite decking and stairs. Ground level enclosed area with garage doors on the front and the back. Use as garage for car or small boat and lots of storage area for water toys. Abundant space and a great place to play indoors or just hang out. Dock and vinyl bulkhead are on a deep-water lagoon. This home is pristine and comes furnished. Installed in 2016 and 2017 all new roof, siding, heat & air, electrical, PEX plumbing & tankless on-demand hot water heater. All you need to do is unpack and start enjoying the summer of 2022.
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| May 5, 2022 | Listed by Coldwell Banker Home Connection Realty | $675,000 | |
| Listed by Coldwell Banker Home Connection Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017