142 Herod Point 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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by Signature Premier Properties | $410,000 | |
| Listed by Signature Premier Properties | |||
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CALLING ALL BOATERS, FISHERS AND BEACH LOVERS. Come check out this one- story cottage WITH LOW TAXES AT $6,210.30/year located on a quiet dead end block. At the end of Herod Point you will overlook the Long Island Sound facing New Haven Connecticut. This home also offers beach rights with membership to the Herod Point Association, fees are less than $250/year. As you make your way into this 2 bed, 1 bath move- in ready oasis you will notice the just installed Vinyl siding, 2018 roof and a 1 Car attached garage with insulated pull door. The welcoming LIKE NEW blue door, with built in blinds brings you to the potential living area with Just installed pine flooring, oil fired radiator baseboard heating REPLACED IN 2018 and a unique feature of built in shelves. Open concept to eat- in kitchen with tile flooring, like NEW (2023) stainless steel appliances, Energy - Star Appliances, granite countertops, and white tile backsplash. Double doors in kitchen with direct access to full deck (20 yrs old) leading out to the fenced backyard where you can explore your friendly neighbors (DEER AND TURKEY!!). Exiting the kitchen you will have your 1st bedroom with closet space, 1st bathroom with Just installed tile, fixtures and unique sliding shower doors! The 2nd bedroom (primary) offers sliding closet doors with stairs leading to closed off walk- up attic. Last but not least the door outside the primary bedroom leads you to the full unfinished basement with like NEW washer & dryer, 2018 oil tank and electrical panel (150 AMP). Door in basement leading to insulated garage with storage space! This renovated cottage also offers high hat LED lights, Installed in 2021 Anderson Windows and doors. Come make this house a home and embrace the views, wildlife and proximity to stores, beaches and vineyards!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017