77 Pelican 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 |
|---|---|---|---|
| Oct 13, 2019 | No longer available | - | |
| No longer available | |||
| Sep 19, 2019 | Listed | $699,000 | |
| Listed | |||
| | |||
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Spacious 4 bedroom 2.5 bath house with a great layout and large fenced yard. This home features an open eat-in kitchen with new stainless steel appliances & laminate flooring, a cozy family room with a new fireplace insert, a separate living room and dining room with a half bath all on the main floor. Upstairs you will find the master suite with French doors that lead to balcony which offers beautiful views of the wetlands. There is also 3 more bedrooms, one full bath and the laundry room. This small, quiet neighborhood has no HOA dues and a lovely walking trail along the surrounding Struve Slough which is full of egrets and blue herons. Conveniently located near Landmark Elementary, Target, movie theatre, restaurants, grocery shopping and highway 1. This home is a must see! The manager has listed the unit size as 2146 square feet.
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| Nov 21, 2018 | Sold | ||
| Sold | |||
| Oct 3, 2018 | Listed by Century 21 MM | $680,000 | |
| Listed by Century 21 MM | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017