727 Drum Point Road
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 |
|---|---|---|---|
| Jan 18, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by Real Estate, LTD | $850,000 | |
| Listed by Real Estate, LTD | |||
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WATERFRONT Custom Colonial , ESCAPE TO THE JERSEY SHORE* This 5 year old Home offers AMAZING VIEWS From every angle. Main Living area opens to Florida room and Open deck overlooking Kettle Creek and the Open bay....FABULOUS Location...Main Level Master Bedroom with Master Bath for easy Living . Upstairs Level Boasts 3 more bedrooms with water views and full bath + Bonus Loft. Garage level adds extra entertaining area opening to yard with BRAND NEW Built in Pool . This home will not disappoint whether ALL YEAR living or just a SUMMER Getaway. Make an appointment to View ASAP
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| Jul 13, 2020 | Sold | ||
| Sold | |||
| May 26, 2020 | Listed by Keller Williams Shore Properties | $515,000 | |
| Listed by Keller Williams Shore Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017