86 Rochester Drive
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 |
|---|---|---|---|
| Jun 2, 2020 | Sold | ||
| Sold | |||
| Jan 17, 2020 | Listed by Weichert Realtors-Brick | $439,000 | |
| Listed by Weichert Realtors-Brick | |||
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LAGOON LOVERS & BOATERS PARADISE- This waterfront property offers a beautiful direct view of the open bay from the front deck, and functional outdoor living space in the backyard complete with dock. The home is located minutes from the open bay with the benefit of a DEEP-WATER & WIDE lagoon allowing for larger boats to pass & dock with ease. The small unique community of Seawood Harbor is hidden gem just beyond a wildlife protected area and a short drive to the beach. This home has hardwood flooring through most of the house. The kitchen was recently renovated to include wood cabinets, granite countertop & decorative backsplash, further enhanced with recessed lighting, Hunter Douglas blinds and wooden tongue & groove white ceiling & garbage disposal. All newer stainless-steel Samsung appliances will remain with the home. The kitchen with bay window opens to family living space. It leads to a large deck stepping down to a to a lower level patio area with custom pergola and amazing wide lagoon view. The first floor also includes a laundry room, access to the garage, a half bath, and a large bedroom which can easily convert into an extension of the family living space. The second floor of the home features three bedrooms, ALL with amazing water views & two full baths. The large master bedroom has an oversized closet, bathroom, and leads to a 2nd story 24 x 8 ft deck with a beautiful unobstructed view of the open bay. A great deal of storage is available in the attic with pull downstairs, garage overhead shelf and outdoor shed. The home has a spacious crawl space with water meter for all outside spicket which is excluded from sewer costs. Two zoned AC & two zoned baseboard heating. Newer Weil McClain Heating system offers high efficiency heating process and ADT Alarm.
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| Nov 25, 2015 | Sold | ||
| Sold | |||
| Mar 19, 2015 | Listed by Weichert Realtors-Spring Lake | $399,000 | |
| Listed by Weichert Realtors-Spring Lake | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017