18 ALTAMONT 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 |
|---|---|---|---|
| Jun 14, 2022 | Sold | ||
| Sold | |||
| Feb 8, 2022 | Listed by HEATHER CRONER RE-SOTHEBY'S ML | $1,450,000 | |
| Listed by HEATHER CRONER RE-SOTHEBY'S ML | |||
| May 4, 2021 | No longer available | - | |
| No longer available | |||
| Sep 4, 2020 | Price Decreased |
$1,160,000
↓ $190K
(14.1%) | |
| Price Decreased | |||
| May 30, 2020 | Listed by H.W. GUERNSEY REALTORS INC. ML | $1,350,000 | |
| Listed by H.W. GUERNSEY REALTORS INC. ML | |||
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Located in the heart of Millbrook's notable estate area is the perfect place for you to spend the next chapter in your life. As a weekend getaway or an ideal full time country home, this is an excellent opportunity to add your personal stamp on today's most desirable style of house. If you've been dreaming of a Millbrook retreat with room for guests and loved ones, this turn key, completely renovated house with low sling architecture and open living spaces connecting to the outdoors, is exactly what you've been waiting for. The two-story great room is filled with natural light, warm woods and stoic stone. This inviting room opens to an expansive deck and central terrace creating effortless indoor, outdoor flow. The lower level offers ample additional spaces ideal for recreation, yoga, music and guests. These sunny spaces overlook the terrace, gardens and pond. The perfect way to begin and end your day is in the master suite, a dreamy getaway with two walk-in closets, a spacious bath, and access to the large private deck with outrageous views. 18 Altamont is a serene escape for a couple, or a family desiring a stylish low maintenance home in a magnificent location. It is contiguous to major estates consisting of thousands of acres of protected lands. 24 hour notice required for accompanied showings. The manager has listed the unit size as 2594 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017