11 Hornpipe 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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Listed by Nest Seekers International LLC | $599,999 | |
| Listed by Nest Seekers International LLC | |||
| | |||
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Welcome to your idyllic retreat on the picturesque and highly sought after North Fork wine country! This charming 3-bedroom summer getaway offers the epitome of East End living. Relax all summer long and enjoy your access to the beautiful community beach, the wide open waters of the Long Island Sound and its daily breathtaking sunsets. This residence provides a haven for those seeking tranquility, relaxation and the wonderful lifestyle the North Fork has to offer. The outdoor features an expansive deck with ample room for lounging, dining, and entertaining. The open-concept layout seamlessly blends the living, dining, and kitchen areas, creating an inviting space for entertaining guests. The spacious bedrooms offer ample natural light that enhances the airy atmosphere. Whether you're seeking a year-round residence or a summer getaway, this home embodies the essence of North Fork living - offering comfort, convenience, and coastal charm in equal measure.
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| Jan 2, 2014 | Sold | ||
| Sold | |||
| Mar 28, 2013 | Listed by Nest Seekers International LLC | $285,000 | |
| Listed by Nest Seekers International LLC | |||
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About Baiting Hollow
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017