731 PROMENADE POINTE 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 |
|---|---|---|---|
| Jul 1, 2013 | Sold | ||
| Sold | |||
| Apr 30, 2013 | Listed by THE LEGENDS OF REAL ESTATE | $1,089,900 | |
| Listed by THE LEGENDS OF REAL ESTATE | |||
| Apr 23, 2012 | Listed by THE LEGENDS OF REAL ESTATE | $1,075,000 | |
| Listed by THE LEGENDS OF REAL ESTATE | |||
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Former Benchmark Model Home is impressive with great attention to detail & quality. Features imported luxury cabinets throughout, natural stone floors, wood floors in study, walk-in wine cellar, granite or marble counter tops in gourmet kitchen and all bathrooms. Four of the five bedrooms are suites. Screened pool, spa and summer kitchen with limestone paver decking is perfect for entertaining.
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| Jul 1, 2010 | Listed by THE LEGENDS OF REAL ESTATE | $900,000 | |
| Listed by THE LEGENDS OF REAL ESTATE | |||
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PROPERTY BEING AUCTIONED ONLINE. LIST PRICE IS AN OPENING BID. Call for details. Former Benchmark Model Home is impressive with great attention to detail & quality. Features imported luxury cabinets throughout, natural stone floors, wood floors in study, walk-in wine cellar, granite or marble counter tops in gourmet kitchen and all bathrooms. Four of the five bedrooms are suites. Screened pool, spa and summer kitchen with limestone paver decking is perfect for entertaining.
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| Aug 13, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017