818 Northwind
About This Property
With four bedrooms and three FULL baths, this property will easily entertain. The kitchen and living areas overlook the top deck and water to watch the sunrise and sunset by a gas log fireplace. Enjoy the privacy and quiet master bedroom on the third floor with a walk-in closet and additional storage closet. The indoor utility room is conveniently located on the second floor for easy access. This property is meticulously maintained with a new roof, new windows, new tankless instant hot water heater. The community swimming pool has its own storage and toilet facilities for summer fun. This move in ready oasis is ready for you to call home!
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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 |
|---|---|---|---|
| Jun 15, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by RORECO | $400,000 | |
| Listed by RORECO | |||
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Enjoy the unobstructed views of the Sabine Lake in this fully updated property in the gated community of Marina Colony. There's no view that you can't enjoy from one of the three levels of wooden deck. The two car garage has extra space for outdoor tools and toys, and the boat lift allows for quick access to the water anytime you're ready!
With four bedrooms and three FULL baths, this property will easily entertain. The kitchen and living areas overlook the top deck and water to watch the sunrise and sunset by a gas log fireplace. Enjoy the privacy and quiet master bedroom on the third floor with a walk-in closet and additional storage closet. The indoor utility room is conveniently located on the second floor for easy access. This property is meticulously maintained with a new roof, new windows, new tankless instant hot water heater. The community swimming pool has its own storage and toilet facilities for summer fun. This move in ready oasis is ready for you to call home!
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About Port Arthur
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017