152 Secret Street
About This Property
Hammock Bay is a family friendly development with sidewalks, over 12 miles of nature trails and bike paths. The Hammock Bay Town Square lawn style amphitheater is designed for entertainment close to home. There is also a $12+ million, 60 acre Sports Park featuring a multitude of ball fields/park amenities nearby. Recently the developer donated land for two schools to be built in Hammock Bay.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 3, 2018 | Sold | ||
| Sold | |||
| May 8, 2018 | Listed by Newman Dailey Resort Properties | $307,000 | |
| Listed by Newman Dailey Resort Properties | |||
| Mar 17, 2017 | Sold | ||
| Sold | |||
| Sep 8, 2016 | Listed by Newman Dailey Resort Properties | $264,900 | |
| Listed by Newman Dailey Resort Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017