162 Main Street
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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Jun 8, 2024 | Listed by Rice Realty Group Inc | $899,000 | |
| Listed by Rice Realty Group Inc | |||
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Welcome to your English Country Charmer situated on 2 acres of LAKEFRONT property in the heart of Yaphank's Historical District. Embrace the bucolic serenity that evokes from this beautifully landscaped property offering year-round appeal with its sprawling green lawn, rose garden, perennial garden and raised vegetable garden all set against a wooded lakeside backdrop. Relax on the beautiful two level stone wall patio and delight in watching the abundance of wildlife that frequents the land and lake including geese, ducks, osprey, turtles, and butterflies. Winding brick paths, stepping stones, trellises, lighted arbors and fire pits accentuate the charm of this country like setting. There's even a working watermill on site! Spectacularly restored, this circa 1758 home maintains origins of its revolutionary age including hand hewn beams, wide plank floors and three converted gas fireplaces. Throughout this home preserved history and modern day amenities co-exist. EVERY SINGLE SYSTEM has been updated, upgraded or replaced entirely (See attachment). The Main house is comprised of 3 bedrooms and 2 full bathrooms. In a separate dwelling on the property, "The Barn", offers further living space with a lofted 1 bedroom, 1 full bath and open living/kitchen area. Below the Barn is a three car garage or wood working shop. The Main home and the Barn utilize completely independent parking areas creating a sense of separation among the two residences while still being in close proximity. Chefs and entertainers alike will indulge in the kitchen of the Main House with its high end appliances including Bertazzoni cooktop and double ovens, oversized fridge and freezer, coffee bar, spice closet AND walk in pantry! The customized banquet with its cherry wooded counters affords breathtaking framed views of the property through its French doors that lead out to the stone patio. But before you head out, how about making a refreshment from your own bar! That's right! There is a complete bar with its own working kegerator, wine fridge, ice maker, utility sink and 12 taps. There is no end to this remarkable piece of paradise that you can call your own!
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| Jan 6, 2023 | Sold | ||
| Sold | |||
| Nov 11, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017