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15 Old Neck 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 |
|---|---|---|---|
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2023 | In contract | - | |
| In contract | |||
| Jul 31, 2023 | Listed by Coldwell Banker Residential Brokerage - Manchester | $7,999,000 | |
| Listed by Coldwell Banker Residential Brokerage - Manchester | |||
| Aug 23, 2011 | Sold | ||
| Sold | |||
| May 18, 2010 | Listed by Coldwell Banker Realty - Manchester | $4,950,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
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Built in 1879 as one of the North Shore's grand summer cottages overlooking Singing Beach and the Atlantic Ocean, "Jutland" was magnificently restored in 2004 to preserve the outstanding natural beauty and architectural integrity of the property. The renovations include a new chef's kitchen with fireplace, all new baths, new systems, a new roof and new custom windows. It offers a 3-car garage, a heated pool and pool house all surrounded by a rolling meadow, an apple orchard and stunning beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017