11 Gap Head 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 10, 2017 | Sold | ||
| Sold | |||
| Sep 26, 2017 | Listed by Property Central Inc. | $3,495,000 | |
| Listed by Property Central Inc. | |||
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Sited prominently on its own 2 ac. peninsula, this extraordinary property surrounds you with mesmerizing views of the majestic ocean, nearby islands, and rocky inlets. The setting provides a one-of-a-kind intimacy with the ocean’s lapping waves and the sky’s amazing hues at sunrise and sunset. “Stone Haven” was originally built to exacting standards by world-renowned naval architect WF Gibbs, who designed and built more than 70% of the US naval fleet for WWII. Extensively renovated, including 4,400 sf primarily on one level, the residence has a sophisticated, contemporary design with an abundance of oversized, storm proof windows, affording sweeping views from every room. The living room is magnificent with a 17ft beamed, cathedral ceiling and a soaring granite fireplace. There is an amazing chef’s kitchen and master suite with sitting rm. and luxurious custom master bath. Amenities include radiant heat, central air, elevator, electric shutters, security, slate roof, 4 car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017