88 Drift 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 |
|---|---|---|---|
| Jun 27, 2019 | Sold | ||
| Sold | |||
| May 21, 2019 | Listed by Milbury and Company | $1,250,000 | |
| Listed by Milbury and Company | |||
| May 25, 2011 | Sold | ||
| Sold | |||
| Mar 15, 2011 | Listed by Milbury and Company | $1,195,000 | |
| Listed by Milbury and Company | |||
| Feb 9, 2010 | Listed by Milbury and Company | $1,195,000 | |
| Listed by Milbury and Company | |||
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DIRECT WATERFRONT. Handsome Greek Revival style home with dramatic Westport River views from most every room. Newly constructed with the highest quality materials. Enter under Pergola to elegant foyer with dramatic arched entry to formal fireplaced living room, sliders to decks overlooking river. Sensational kitchen with island offers custom cherry cabinetry, carefully selected marbles and tiles and great water views, comfortable sitting room, spacious first floor master.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017