115 Midway Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 2, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Evolution Realty of L I | $1,499,000 | |
| Listed by Evolution Realty of L I | |||
| | |||
|
Elegant Waterfront Estate in Babylon Village Welcome to this stunning estate, a jewel in the prestigious Babylon Village, where every detail reflects luxury and comfort. This home is perfectly designed for both tranquility and grand entertaining, offering breathtaking views and a host of amenities that cater to a sophisticated lifestyle. Sophisticated Interior Features: The residence boasts an expansive layout including five bedrooms and three living rooms, providing ample space for family and guests. Gourmet chefs will delight in the kitchen equipped with two full-size ovens, a microwave, and an Insta Hot dispenser, perfect for instant beverages. Sophistication meets functionality with a central vacuum system, hardwood floors throughout, and a convenient second-floor laundry setup near the bedrooms. Tech-Enabled Living: Stay connected and entertained with a state-of-the-art wiring system, including 6000 feet of CAT6 cables and a comprehensive house and deck speaker system controlled via a dedicated wiring closet. Modern comforts include natural gas fireplaces, ensuring a warm ambiance in the living spaces. Exceptional Outdoor Experience: This property features a meticulously maintained 90-foot bulkhead on an extra-wide canal, suitable for large boats, and includes a Wave Runner/Jet Ski winch. The outdoor spaces are designed for year-round enjoyment with Trex decking, a natural gas fire pit, and a hot tub on the second-floor deck offering privacy and stunning views. Integrated natural gas lines on the deck enhance outdoor cooking and entertaining possibilities. Unparalleled Convenience and Comfort: Experience effortless living with features like garbage pickup service directly from your premises and an insulated home with spray foam in the attic and basement to significantly cut down HVAC costs. The home is elevated 6 feet, safeguarding it against high tides and enhancing the magnificent views of the Great South Bay. Luxury Amenities and Local Access: Located within the coveted Babylon village, the home offers easy access to the village pool, local pools, docks, and is just a 10-minute ride from Babylon RR with resident parking. A large mudroom caters to practical needs on wet or rainy days, and the sizable dining room can expand into the foyer to accommodate over 22 people for memorable gatherings. Additional Luxuries: Enjoy the practicality of a large attic for extra storage and the elegance of well-manicured exterior lighting that enhances the home's curb appeal. Two stylish interior staircases enhance the flow of the home, adding to its grandeur and accessibility. This exceptional Babylon Village estate is not just a home, but a lifestyle destination offering both the serenity of waterfront living and the convenience of village amenities. A perfect setting for those who appreciate luxury and comfort in every aspect of their lives.Elegant Waterfront Estate in Babylon Village
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017