1117 Positano PASS
About This Property
Indulge in the ultimate comfort with each bedroom featuring its own en-suite bathroom and spacious walk-in closet, ensuring privacy and convenience for all occupants. The gourmet kitchen, equipped with stainless steel appliances, seamlessly flows into the expansive great room, suffused with abundant natural light, perfect for both casual family gatherings and formal entertaining.
Retreat to the oversized primary bedroom retreat, complete with a lavish primary bath boasting a sumptuous soaking tub and walk-in shower, creating a serene oasis for relaxation. A guest suite with a bathroom on the main level offers added versatility and comfort.
Entertain in style in the impressive media room on the main floor, ideal for movie nights or hosting guests. Step outside to the picturesque covered patio featuring an outdoor kitchen, where al fresco dining experiences await amidst the meticulously landscaped and leveled backyard.
Experience unparalleled luxury living in this meticulously crafted Toll Brothers home, where every detail exudes timeless elegance and modern sophistication.
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Cap Rate Calculator
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 10, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Price Decreased |
$965,000
↓ $60K
(5.9%) | |
| Price Decreased | |||
| Apr 17, 2024 | Price Decreased |
$1,025,000
↓ $25K
(2.4%) | |
| Price Decreased | |||
| Mar 18, 2024 | Listed by Kuper Sotheby's Int'l Realty | $1,050,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017