12 Midway Road
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%.
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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by William Raveis R.E. & Home Services | $4,300,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Seize the opportunity to own this exceptional, WATERFRONT, 2020 custom-built Nantucket-Style home on sought-after Standish Shore! The thoughtful design & architectural features include walls of windows showcasing sweeping water views & breathtaking sunsets, soaring coffered ceilings, board & batten paneling, built-in cabinetry, 4” white oak floors, open floor plan & 1st and 2nd floor primary suites. You’ll be smitten by the custom Faneuil kitchen with oversized island, marble countertops, Thermador & Sub Zero appliances and a large, well-equipped pantry. 5 bedrooms, an office, 2 laundry rooms, a fabulous walk-out lower level with a family room with kitchenette, a 3rd floor bonus room, screened porch, Garapa wood decks, 3 garage bays & generator are included. Unique features include a door & sink table made from 200+ year old wood, & even a golf simulator room! Finally, enjoy the lovely 1.35 acre lot with direct water access, to kayak or paddle board, or stroll to Halls Corner shops.
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| Jul 21, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| May 17, 2023 | Price Decreased |
$4,800,000
↓ $200K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017