860 Bowline 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 |
|---|---|---|---|
| Jul 31, 2017 | Listed | $2,895,000 | |
| Listed | |||
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Stunning waterfront point lot home with 420+/- Intracoastal frontage. Ideally suited for the yachtsman, property can accommodate up to 100ft vessels at one of its 3 docks. The main house-4 Bedrooms, 5 baths and 2 car garage, with a separate “Workshop” that adds 700+ sf & half bath. Rare opportunity to own largest Intracoastal homesite in the Moorings. Sizes approx. See Full Disclaimer.
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| Jun 30, 2015 | Sold | ||
| Sold | |||
| Apr 20, 2015 | Listed by Platinum Luxury Auctions | $1,250,000 | |
| Listed by Platinum Luxury Auctions | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017