85 Punkhorn Point Rd
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 |
|---|---|---|---|
| Feb 17, 2024 | No longer available | - | |
| No longer available | |||
| Dec 23, 2023 | Listed by The Entry Only Listing Service of MA | $2,800,000 | |
| Listed by The Entry Only Listing Service of MA | |||
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OFFERS DUE: 2/14/24. LAST SHOWINGS 2/10/24 AND 2/11/24. 1 Acre of Prime Waterfront on Popponesset Bay. Legacy Property Opportunity. Extremely rare opportunity to own a private sanctuary with quick access to amenities and stores. $150k+ / yr rental income. Extensive interior renovations since 2021. Quartz counters, Hardwood flooring Stainless steel appliances, Recessed lighting. The finished basement encompasses 1,008 sqft of living space. Amenities: Heated pool, Two docks (potential to add a third), 180 degrees of water views extending to the beach. 2+ acres of private marshland to the west, Outdoor shower, Fireplace. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Buyers are encouraged to do their own due diligence through independent verification. The manager has listed the unit size as 2712 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 2, 2020 | Sold | ||
| Sold | |||
| Sep 4, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017