11 Lighthouse Road
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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 |
|---|---|---|---|
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Apr 16, 2024 | Listed by Douglas Elliman Real Estate | $7,999,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to the epitome of luxury living in Hampton Bays! This magnificent real estate property sprawls across an impressive 1.05 acres and is nestled on the pristine shores of the open Shinnecock Bay, offering breathtaking panoramic views of the iconic Ponquogue Bridge and the enchanting Dune Road. Boasting opulence and elegance at every turn, this estate is a true haven for those seeking the finest in coastal living. The property features an exquisite 17x32 gunite infinity edge heated pool, perfect for indulging in leisurely swims while enjoying the awe-inspiring surroundings. With 5 spacious bedrooms and 5 full baths, along with an additional half bath, there is ample space for both relaxation and entertaining guests. Inside, the estate spans an impressive 6,591 square feet, offering a seamless blend of sophistication and comfort. No detail has been spared in this architectural masterpiece. The kitchen is adorned with Ciuffo Cabinets and showcases the timeless beauty of Carrera Marble countertops. The bathrooms boast radiant flooring, ensuring a luxuriously warm experience. Additionally, the property is equipped with solar panels and a 50,000 Watt generator, offering sustainable and reliable energy solutions. State-of-the-art security systems ensure peace of mind, while the 15-zone sprinkler with a garden drip system maintains the lush landscape effortlessly. Completing this exceptional property is a 3-car garage, providing ample space for vehicles and storage. In summary, this extraordinary Hampton Bays property presents a rare opportunity to own a slice of paradise on the prestigious Shinnecock Bay. With its unmatched views, lavish amenities, and impeccable attention to detail, this luxurious estate sets the standard for sophisticated coastal living. Dock permit in place!
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| Apr 15, 2024 | No longer available | - | |
| No longer available | |||
| Dec 30, 2023 | In contract | - | |
| In contract | |||
| Jul 14, 2023 | Listed by Douglas Elliman Real Estate | $8,950,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
Luxurious living in Hampton Bays! This magnificent real estate property sprawls across an impressive 1.05 acres and is nestled on the pristine shores of the open Shinnecock Bay, offering breathtaking panoramic views of the iconic Ponquogue Bridge and the enchanting Dune Road. Boasting opulence and elegance at every turn, this estate is a true haven for those seeking the finest in coastal living. The property features an exquisite 17x32 gunite infinity edge heated pool, perfect for indulging in leisurely swims while enjoying the awe-inspiring surroundings with room for tennis. With 5 spacious bedrooms and 5 full baths, along with an additional half bath, there is ample space for both relaxation and entertaining guests. Inside, the estate spans an impressive 6,591 square feet, offering a seamless blend of sophistication and comfort. No detail has been spared in this architectural masterpiece. The kitchen is adorned with Ciuffo Cabinets and showcases the timeless beauty of Carrera Marble countertops. The bathrooms boast radiant flooring, ensuring a luxuriously warm experience. Additionally, the property is equipped with solar panels and a 50,000 Watt generator, offering sustainable and reliable energy solutions. State-of-the-art security systems ensure peace of mind, while the 15-zone sprinkler with a garden drip system maintains the lush landscape effortlessly. Completing this exceptional property is a 3-car garage, providing ample space for vehicles and storage. In summary, this extraordinary Hampton Bays property presents a rare opportunity to own a slice of paradise on the prestigious Shinnecock Bay. With its unmatched views, lavish amenities, and impeccable attention to detail, this luxurious estate sets the standard for sophisticated coastal living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017