7884 RUSTY ANCHOR Road
About This Property
Updates:NEW bulkhead to protect the boat ramp & property for decades to come! NEW 5ft tall black fence was installed around almost all of the property for the safety of kids, pet lovers & has no obstruction of the gorgeous view. NEW metal roof in 2022. NEW Goodman AC unit. NEW UV laser air purifier that attaches directly to the inside AC air handler. NEW vents added to the bathrooms. NEW reverse osmosis system at the kitchen sink for the cleanest drinking water. NEW water heater pump. NEW electrical outlet boxes added to the front & back porches. NEW upgrades to the electric at the shed and home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 17, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Price Decreased |
$339,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Mar 24, 2025 | Listed by PREMIER AGENT NETWORK, INC | $349,900 | |
| Listed by PREMIER AGENT NETWORK, INC | |||
| Mar 22, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017