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916 Cove Point Place
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 |
|---|---|---|---|
| Aug 17, 2026 | Listed by Luke D Webb Real Estate Inc | $1,945,000 | |
| Listed by Luke D Webb Real Estate Inc | |||
| Jan 31, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Dec 12, 2024 | Listed by One Sotheby's Int'l Realty | $2,650,000 | |
| Listed by One Sotheby's Int'l Realty | |||
| | |||
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A River Club oasis! Enjoy tennis, fitness center, kayaking, yoga classes, mahjongg, book clubs, bridge, and parties. Quick walk to the Atlantic.
Single-story, 3 bedrooms, high ceilings, multiple seating areas, marble and wood floors, ideal circular floor plan, spacious public rooms, a chef's kitchen, and tucked away bedrooms with all the amenities you desire. Seamless Indoor /Outdoor living. Covered outdoor area with grilling station, living and dining areas, and a screened-in salt-water pool with patio. The house is in move-in condition.
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| May 18, 2023 | Sold | ||
| Sold | |||
| Mar 14, 2023 | No longer available | - | |
| No longer available | |||
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About Indian River Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017