1650 GALLEON 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 |
|---|---|---|---|
| Apr 11, 2017 | Sold | ||
| Sold | |||
| Jun 9, 2012 | Sold | ||
| Sold | |||
| Jul 23, 2010 | Listed by Premier Sotheby's International Realty | $5,450,000 | |
| Listed by Premier Sotheby's International Realty | |||
| Jun 1, 2010 | Sold | ||
| Sold | |||
| Aug 24, 2009 | Listed by John R. Wood Properties | $4,950,000 | |
| Listed by John R. Wood Properties | |||
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L.1103 - A most advantageous and significant lot & 1/2 estate site with wide water views and preferred western exposure over Galleon Cove. This property has approximately 148 feet on the water-frontage and is approximately 33,541 Sq. Ft. of area. Build the home of your dreams on this large property offering no bridge access to the Gulf with deep-water yacht basin. Immediate availability of a Port Royal Club membership.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017