1
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85 Puritan Road
About This Property
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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 |
|---|---|---|---|
| Jan 20, 2022 | Sold | ||
| Sold | |||
| Dec 2, 2021 | Listed by Upper Cape Realty Corp. | $479,900 | |
| Listed by Upper Cape Realty Corp. | |||
| Dec 2, 2011 | Sold | ||
| Sold | |||
| Sep 13, 2011 | Listed by Prisco's Five Star Real Estate | $199,900 | |
| Listed by Prisco's Five Star Real Estate | |||
| | |||
|
Price Reduced! Now 60k under assessed value! Price reflects the amount of work needed to be done to restore this waterfront "Diamond in the Rough". This home is located in a very desirable area, with access to Buttermilk Bay at your back door, and a beautiful fresh water pond just across the street. Close to all amenities and highway . The roof, boiler, and windows are fairly new. The rest is up to a creative Buyer who isn't afraid of putting in some "sweat equity". Seller will do septic!
| |||
| Jun 1, 2011 | Listed by Upper Cape Realty Corp. | $209,900 | |
| Listed by Upper Cape Realty Corp. | |||
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Address: 335 Madison Avenue, New York, NY 10017