147 Newtown Road
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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 |
|---|---|---|---|
| Sep 11, 2024 | Sold | ||
| Sold | |||
| Aug 3, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by Douglas Elliman Real Estate | $665,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to 147 Newtown Road! This charming beach-style home offers cozy and comfortable living with its 2 bedrooms and 1 bath home. Just one block away from the beautiful East Landing Beach, this property provides the perfect coastal retreat. As you enter through the home you'll be greeted by a spacious sunporch, boasting plenty of windows that flood the space with natural light, creating a warm and inviting atmosphere. The living room features a wood-burning Stove, perfect for cozy nights in, while the dining room and spacious kitchen with ample cabinet space make entertaining a breeze. Step through the kitchen onto an amazing outdoor deck, ideal for dining under the stars and surrounded by mature trees, offering a serene and private outdoor space. Whether you're hosting a summer barbecue or enjoying a quiet evening, this deck is the perfect spot to unwind and soak in the tranquil surroundings. This home offers an outside shower to cool off from a hot summer day at the beach. For those who crave the sound of ocean waves, the sought-after Dune Road beaches are just a short distance away. Enjoy dining at the most delicious waterfront restaurants and indulge in some retail therapy at the high-end stores that the Hamptons are renowned for. This home at 147 Newtown Road offers not just a place to live, but a lifestyle to cherish.
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Property Highlights
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About Hampton Bays
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 1 Bed
- 1 Bath
- 1,400 ft²
$7,500 /mo
- 2 Beds
- 1 Bath
- 1,262 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017