1 Concord Drive
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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 23, 2025 | Sold | ||
| Sold | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Price Decreased |
$1,250,000
↓ $130K
(9.4%) | |
| Price Decreased | |||
| Jun 10, 2025 | Listed by Promise Northern Realty LLC | $1,380,000 | |
| Listed by Promise Northern Realty LLC | |||
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"Luxury Living Meets Coastal Tranquility- Move-In Ready in Fort Salonga!"
Superbly designed dreamers !! Completely everything NEW !! Situated on a 1-acre lot !! The main level offers a bespoke Chef's kitchen plus a fabulous hidden gem pantry and special coffee/drinks station, outfitted with premium appliances, custom cabinetry, a designer tiled backsplash, perfect sized island breakfast nook, an open-concept kitchen with quartz countertops, formal dining room, family & living room, laundry room on the 1st floor, gleaming wide-plank hardwoods floors throughout the house and leading a peaceful retreat to the framed and nestled by lush trees offering breathtaking privacy and alongside aesthetic beauty in the rear property, the enhanced perfect venue entertaining on a grand scale deck. The second floor also features a luxurious master en-suite with a dual-sink bath, a walk-in closet for her and a separate closet for him, three generously sized bedrooms, a full bath, CAC(central air conditioning), and a two-car attached garage. The finished basement is ideal for a gym, playroom, recreation room, utility, ready to be hooked up for the bathroom, and lots of closets/storage. In-ground updated sprinkler system(2024), Cesspool cleaning(2024), Termite/pest control every year, Boiler/Air conditioner compressor updates(2022), near the Alfred Smith and Sunken Meadow golf courses, and a beach. This loved dramatic interior detailing blends modern sophistication with extraordinary possibilities that are move-in ready and waiting to inspire your dream home and offer peace of mind and an elegant and peaceful life.
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| Jun 9, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017