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179 Prospect Avenue
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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 10, 2024 | Listed by Compass Connecticut, LLC | $1,750,000 | |
| Listed by Compass Connecticut, LLC | |||
| Jun 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 4, 2020 | Listed | $1,620,000 | |
| Listed | |||
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Waterfront-A rare opportunity! This home is perfectly positioned to offer a scenic front view of Long Island Sound and a peaceful back view of South Bay. Breathtaking views from every room. This home is located in the highly prestigious Sachem’s Head Association and steps away from the Sachem’s Head Yacht Club. This historic home 3315 sq ft home was once the boathouse to founding members of the Yacht Club. Smell the salt air, watch the sailboats drift by, and fish off your dock. When the temperature rises take a dip in the water and rinse off in the outside shower. Walk down the street and go clamming for dinner. Have your morning coffee on the back deck and watch the incredible activity in the bay: Osprey, Bald Eagles, Blue, White Heron, and Cormorant all searching for breakfast. In the evening have a glass of wine while you watch the exceptional sunsets on the second level deck. Enjoy your winter evenings in front of a cozy fire after a long brisk walk along the waterfront. A large yard overlooks a Monet style bridge. The home offers a professional style office with built-ins, an attached library, and one of the best views! Many updates. Welcome to Barefoot, welcome home The manager has listed the unit size as 3315 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017