9 Driftwood Lane
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 |
|---|---|---|---|
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Sep 7, 2020 | Listed by Gibson Sotheby's International Realty | $459,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| Mar 8, 2019 | No longer available | - | |
| No longer available | |||
| Sep 27, 2018 | Listed | $420,000 | |
| Listed | |||
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This cute 3 bedroom 2 bath house less the .3 miles to the association beach on Seymour Pond has a great rental history. Natural gas and central air, detached garage, wood floors and fireplace rounds out this must have. The manager has listed the unit size as 1488 square feet.
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| Jun 20, 2008 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017