9 Wallace Point
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 22, 2020 | Sold | ||
| Sold | |||
| Feb 8, 2020 | Listed by Abbey Realty | $449,000 | |
| Listed by Abbey Realty | |||
| Apr 5, 2010 | Listed by Abbey Realty | $439,900 | |
| Listed by Abbey Realty | |||
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JUST REDUCED.... GET IN TODAY FOR YOUR PRIVATE VIEWING. Beautiful waterfront property in desireable area of Cape. Beautiful Stone Fireplace enchances this year round home with beach, waterviews and your own little piece of paradise. Good size bedrooms, master bedroom overlooks the Bay. Beautiful den with windows to the spectular view of Buttermilk Bay. You will not be disappointed by this home. You need to get into this property to appreciate.
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| Nov 13, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017