179 Martello Road
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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Braun Properties LLC | $465,000 | |
| Listed by Braun Properties LLC | |||
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Spectacular like-new 4 bedroom 3 full bath lagoon front home in Savannah Quarter's desirable Davenport community. Terrific curb appeal with wide covered front porch. Inviting open floor plan with formal dining / flex space just to the left of the foyer. The exquisite kitchen features an expansive island with counter height dining open to the living room with coffered ceiling and a triple floor to ceiling slider that pushes all the way back to completely open to the large screened back porch overlooking the lagoon. Extended patio and decorative metal fencing make the back yard an entertainer's oasis. On the first floor, with a water view, the primary suite with tray ceiling has LVP floors. Its bathroom has two separate vanities, a corner soaking tub and a custom tiled walk-in shower, plus generous walk-in closet. Two additional bedrooms, the second full bath, and laundry room are on the first floor. Upstairs, you'll find a large guest suite with walk-in closet and the third full bath.
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| Mar 31, 2022 | Sold | ||
| Sold | |||
| Feb 12, 2022 | Listed by Re/Max Accent | $394,900 | |
| Listed by Re/Max Accent | |||
| May 1, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017