967 Drift Road
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 |
|---|---|---|---|
| Jul 2, 2014 | Sold | ||
| Sold | |||
| Mar 27, 2013 | Listed by Cape Coastal Sotheby's International Realty | $409,000 | |
| Listed by Cape Coastal Sotheby's International Realty | |||
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Delightful Saltbox encircled by gardens on a 1.84 Acre parcel on Drift Road! Bathed in light, the 3 BR, 2 BA vacation/year-round dwelling offers open floor plan of Kitchen w/Viking stove/Dining room. Den w/cozy woodstove, Living Room w/French doors to bluestone terrace. 1st floor bedroom! Skylights, cathedral ceilings. Over-sized windows throughout invite the outside in. Close to boat landing, easy highway access, and just minutes to beaches & Westport's Central Village!
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| Feb 22, 2011 | Sold | ||
| Sold | |||
| May 18, 2010 | Listed by Alden Hill Real Estate, Inc. | $435,000 | |
| Listed by Alden Hill Real Estate, Inc. | |||
| May 11, 2005 | Sold | ||
| Sold | |||
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