110 48th STREET
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%.
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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.
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 |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Dec 18, 2023 | Listed by DUNCAN REAL ESTATE, INC. | $4,200,000 | |
| Listed by DUNCAN REAL ESTATE, INC. | |||
| Mar 28, 2023 | Sold | ||
| Sold | |||
| Oct 10, 2019 | No longer available | - | |
| No longer available | |||
| Aug 1, 2019 | Listed | $2,995,000 | |
| Listed | |||
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BRAND NEW luxury home just one house from the beautiful Gulf beaches of Anna Maria Island. Located on a large, 10,000 sq ft lot, this 4 bedroom, 4 1/2 bathroom coastal home offers 3,300 sq ft of pure luxury living. There are over 1,700 sq ft of decking, including an easily accessible, 450 sq ft rooftop deck providing spectacular views of the Gulf and an amazing place for the family to gather, entertain, BBQ and watch mesmerizing sunsets. The main floor is easily reached by only a few steps and boasts a large open-plan living area offering 10’ coffered ceilings and has an expansive and airy haven for family and guests to entertain. The gourmet kitchen includes Wolf and Sub-Zero appliances, quartz countertops, gas grill, custom cabinetry and a large, 12 feet long island. Outside the living area is a large, covered deck just a few steps up from the heated pool, spa and tropical backyard. The main floor also includes one of two large master suites. Smart-home technology allows the thermostats, security cameras, front door bell, garage doors and sound system to be controlled from a smart phone or tablet. Other luxuries include extensive trim work throughout, a mud room off of the two-car garage, elevator to all floors, outdoor shower, tankless water heater, upgraded tile flooring, city gas (not tank), and lush irrigated landscaping. Professionally decorated and constructed by local builders and designer this home offers the ideal beach getaway to relax and be pampered with family and friends. The manager has listed the unit size as 3300 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017