10 Monroe 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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2024 | Listed by LandVest, Inc., Ipswich | $2,895,000 | |
| Listed by LandVest, Inc., Ipswich | |||
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Rare offering of a turn-key house in the Greystone Beach neighborhood with year-round ocean views and deeded beach access! This custom Craftsman-style house was designed by Architect Robert Zarelli and built by Paradise Construction in 2015 with the finest craftsmanship, high end materials and every amenity imaginable. The generous four-bedroom, seven bath home is full of natural light and has ocean views on three levels. Enjoy bold ocean views from the third-floor cupola complete with a wet bar and a ½ bath, a perfect place to begin or end the day. From the great room with its beautiful chef’s kitchen, dining area and fireplaced family room to the expansive primary bedroom suite with two luxurious spa-like baths and walk-in closets, every detail was thoughtfully planned to create this sophisticated home. The high level quality finishes are consistent from top to bottom. There’s even a wet/mudroom accessible from the two-car heated garage & outside for rinsing after the beach.
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| Feb 25, 2014 | Sold | ||
| Sold | |||
| Jan 27, 2014 | Listed by LandVest, Inc., Ipswich | $459,900 | |
| Listed by LandVest, Inc., Ipswich | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017