1221 Nantucket Drive
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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 |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | In contract | - | |
| In contract | |||
| Jan 11, 2024 | Listed by Martha Turner Sotheby's International Realty | $825,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Opulent and timeless, this 4,000+SF luxury patio home has a gated entry and a mature Live Oak as the centerpiece for the large yard. Built by Chateau Construction and lovingly cared for by the original owner, you’ll find two living areas on the first floor, a formal dining, a wall of French doors leading to the yard, and a stunning staircase leading to the second floor. Four full bedrooms, all with en-suite bathrooms and walk-in closets. Extravagant crown molding, custom plantation wood shutters, abundant natural light, two fireplaces, and precious privacy are all wrapped into a low-maintenance, lock and leave abled home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017