785 North 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%.
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 30, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Listed | $499,000 | |
| Listed | |||
| | |||
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Wonderful 3 bedroom 2 full bath ranch situated on a wide lagoon with 50' of bulkhead. Recently renovated with new roof, siding, and windows. Hardwood floors throughout, large living room accented by handsome stone fireplace. Dining room, Kitchen boasts stainless appliances and 5 burner stove. Outback enjoy the expansive deck w/awning. Water and 50amp electric service at dock. Enjoy life on the water!
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| May 15, 2018 | Listed by Diane Turton, Realtors-Spring Lake | $499,000 | |
| Listed by Diane Turton, Realtors-Spring Lake | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017