112 Sagamore Drive #112
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Jan 30, 2024 | Listed by Douglas Elliman Real Estate | $1,549,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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The Hamlet at Olde Oyster Bay is a gated, self-contained, country-club living community with every possible amenity today's discerning buyers are looking for. First time on the market, this spacious 3911 square foot home is the largest model available with three-stories of living space. From the grand two-story entry to double height living spaces, floor to ceiling windows, a formal dining room with coffered ceiling, double height living room, family room off of eat in kitchen; this home is brilliant! Continuing on the main level is a second, large bonus/media room, ensuite bedroom, plus office or additional bedroom, powder room and laundry. The open-concept center island kitchen has designer stainless steel appliances, granite counter-tops, hi-hat lighting, breakfast room and outside access to rear paver patio. (There are multiple sets of doors leading to the rear) On the second level a principal suite is a sanctuary with its multiple walk-in closets, vaulted ceiling, clearstory windows, ensuite bath with double sinks and separate tub and shower. There are 3 additional bedrooms, full bath and a large landing over-looking an impressive view of the primary living spaces. This beauty has natural gas, alarm, central air, hardwood floors and gorgeous windows. The lower level is a rare and sought-after walk-out with an office/ gym, ensuite bedroom, storage and 3 car garage. A very desirable gated community with amenities including restaurant, bar, indoor and outdoor pools, club house, gym (his/her lockers), spa room, tennis, pickle ball, poolside snack bar and playground. A once in a lifetime to own a timeless and high-end home with rich appointments for the most particular buyers. A home which will not last.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/30/2024
|
6 Bed
|
5 Bath
|
-
|
$1,549,000
6 Bed
5 Bath
|
$1,549,000
06/21/2024
|
Patricia Pascullo
Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017