11 Sullivan Drive
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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%.
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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.
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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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Jan 10, 2024 | In contract | - | |
| In contract | |||
| Dec 28, 2023 | Listed by BERKSHIRE HATHAWAY | $1,288,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
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Introducing this spectacular expanded split level property with huge 5 bedrooms, the house exudes elegance and charm from the moment you lay eyes on its picturesque facade. Step inside to a warm and inviting foyer leading to a spacious family room with a cozy gas - burning fireplace and sliding doors to the backyard. The first floor also has a bedroom and potential full bath for the in-law. The formal dining room is great for hosting dinner parties, and the updated eat-in kitchen features stainless steel appliances and a center island. You can escape from the kitchen and the formal dining to the backyard that offers a retreat-like atmosphere, perfect for unwinding or hosting outdoor activities. Upstairs the gigantic primary suite provides a peaceful retreat with its cathedral ceiling, oversized full bath and spacious closets. Three additional well-appointed bedrooms and a full bathroom complete the 3rd level. Additional bonus are multi-skylights, tons of build in, generator for the house, super low taxes etc! Boasting an exceptional location within the prestigious Jericho School District, this home is conveniently situated near schools, shopping, and the LIRR for easy commuting. This rare to have property with its flexible floor plan offers an exceptional opportunity for luxurious living in Jericho!
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| Dec 14, 2023 | Listed by BERKSHIRE HATHAWAY | $1,288,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017