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14 Castle Hill Way
About This Property
cathedral ceilings present a dramatic picture. This home is multi-leveled: the main floor has 2 bedrooms plus an office, 2 1/2 baths, kitchen with loads of cupboards, dining area, breakfast bar, granite and a full size refrigerator and a full size freezer. Formal dining room, living room with a beautiful fireplace, family room, master with an incredible walk in closet, large laundry room, 3 sets of French doors leading out to an upper covered patio. The lower floor has 4 bedrooms, 4 baths, another family room which opens up to the pool and another covered patio area plus a real basement storage area. There are also hurricane safe rooms.
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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 |
|---|---|---|---|
| Jul 30, 2020 | Sold | ||
| Sold | |||
| Jan 28, 2020 | Listed by RE/MAX of Stuart | $2,700,000 | |
| Listed by RE/MAX of Stuart | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017