7204 Island Drive
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 |
|---|---|---|---|
| Aug 28, 2020 | Sold | ||
| Sold | |||
| Jul 14, 2020 | Listed by Boston Connect Real Estate | $249,900 | |
| Listed by Boston Connect Real Estate | |||
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Welcome Home! This is where the new memories start at Oak Point 55+ Active Adult Community. This home is an updated PRINCETON ELITE style home. Master bedroom has a full bathroom.There are 2 good sized guest bedrooms, a 12' x 12' 3 season sun room and a 1 car garage. Home is well maintained with newer roof (2016), newer furnace and a/c (2016), water heater (2015). Nothing to do but move in. Refrigerator, washer & dryer, and freezer included. Come and live in a resort-like community and leave the yard maintenance and snow removal to someone else! Oak Point amenities include 3 heated pools (1 indoor), hot tubs, gymnasium, fitness center, bocce ball, tennis, pickle ball, volley ball, shuffle board, billiards room, ballroom that seats 500, and much more! On-sight social director plans ~75 activities a month. NO PROPERTY TAXES! Park Fee increases tied to consumer price index
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017