15 Sullivan Drive
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by BERKSHIRE HATHAWAY | $1,268,888 | |
| Listed by BERKSHIRE HATHAWAY | |||
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Rare-on-market front to back Split-style home located in the mid block of West Birchwood neighborhood of Jericho. This sprawling fine property has 4 bedrooms and 3 full baths plus fully finished basement for extra space! This well-maintained residence offers a cozy and inviting atmosphere, perfect for families seeking comfort and practicality. Featuring a new roof, gas cooking and gas heating and a neatly landscaped yard with a beautiful deck. This home showcases a warm and welcoming curb appeal. Step inside to discover a delightful interior with a layout designed for everyday living. The main level encompasses a generous sized living room with a cathedral ceiling. The customized eat in kitchen has tons of natural light. This gorgeous home offers wonderful opportunity for multi-generations. Move in ready with Jericho schools and convenient to Long Island Railroad, Parks, Schools, and Shopping! Super low taxes do not reflect Star discount!
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| Jun 28, 2024 | Listed by BERKSHIRE HATHAWAY | $1,288,888 | |
| Listed by BERKSHIRE HATHAWAY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017