162 Wakeman Road
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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.
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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 25, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $975,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Nestled just 4 miles from one of the world's top ocean beaches-Ponquogue Beach-and a stone's throw from the Shinnecock Bay, this meticulously cared-for cedar home offers a serene Hamptons haven. Boasting two bedrooms, two full baths (including a private primary ensuite) on the main level, a living room with a fireplace, and a welcoming dining area, comfort meets elegance here. The recently renovated eat-in kitchen shines with quartz countertops, porcelain floors, and top-of-the-line appliances (including a 4-door flex Samsung refrigerator), slow-close ceiling-height cabinets, designer light fixtures and custom window dressings. Anderson sliding glass doors open onto a spacious cedar deck overlooking the expansive, lush backyard, complete with a propane-heated in-ground pool, professional landscaped gardens bordered by a 6-foot high cedar fence for full entertaining privacy. A brand-new, fully finished modern basement adds an additional 737 square feet of living space, featuring a decorator-grade full bath and a stone-sided walkout to the yard and pool area. With central air, an alarm system, Ring cameras, front-yard landscape lighting and high-hats throughout, this home is both stylish and secure. Fresh paint throughout completes this inviting turn-key retreat. Conveniently located near shops, restaurants, and ocean beaches, every amenity is at your fingertips.
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| Aug 2, 1995 | Sold | ||
| Sold | |||
| Jun 12, 1995 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017