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88 Cliff 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 |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Mar 26, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed | $610,000 | |
| Listed | |||
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Welcome to the sought-after Cliffs neighborhood! This charming 3-bedroom Cape features beautiful cedar siding, abundant natural light, and an oversized 2-car garage. On the main floor a versatile office/guest room or 4th bedroom offers extra space, while the full basement includes a cedar closet and bulkhead access. Recent updates include a brand-new heating system (2024), updated 200-amp electrical service, and a roof replacement (~5 years old). Conveniently located near Rte 495/I-95, MBTA stations, shopping, restaurants, Patriots Place, WWI Park, YMCA, and more! Move right in and enjoy Cliff-Living at its finest!
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| Jan 28, 2005 | Sold | ||
| Sold | |||
| Aug 27, 2004 | Listed | $414,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017