1403 Neptune
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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 |
|---|---|---|---|
| Oct 21, 2019 | Sold | ||
| Sold | |||
| May 14, 2019 | No longer available | - | |
| No longer available | |||
| May 13, 2019 | Listed by Gary Martin, Broker | $3,590,000 | |
| Listed by Gary Martin, Broker | |||
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Architecturally stunning custom built home with guest apt.Walled mini-estate on raised lot with ocean views from kitchen, living room, dining area and master bedroom. Courtyard w grand entrance. Kitchen with 6 burner stove, custom wood cabinetry, KitchenAid appliances and walk-in pantry. Living room with high beamed ceilings and gas fire place opens to outside covered ocean view patio with built-in bbq. Master bedroom with his and hers closets and travertine bathroom with Jacuzzi tub.Ocean view roof deck. Large family room with sink and wood beamed ceilings and separate entrance. Laundry room is 15x9. Guest studio apartment with full kitchen, living room, sleeping area and large ocean/hillside viewing deck. 3 car garage with additional driveway parking for extra cars or RV. Secluded yard and very private. Close proximity to Grandview Beach Access. 1 block to 101 shopping and restaurants.. Neighborhoods: beach Equipment: Dryer,Fire Sprinklers,Garage Door Opener, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Jan 11, 2019 | Listed | $3,590,000 | |
| Listed | |||
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Architecturally stunning custom built home w guest apt. Walled mini-estate on raised lot w ocean views from kitchen, living room, dining area and Master Bedroom. Courtyard w grand entrance. Kitchen w 6 burner stove, custom wood cabinetry, KitchenAid appliances and walk-in pantry. Living room w high beamed ceilings and gas fireplace opens to outside covered ocean view patio w built in BBQ. Master bedroom w his and hers closets and travertine bathroom w jacuzzi tub. Small ocean view rooftop deck. The manager has listed the unit size as 3221 square feet.
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| Jan 1, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017