18 W Pier
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 |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Aug 21, 2022 | No longer available | - | |
| No longer available | |||
| Aug 20, 2022 | Listed by Keller Williams Shore Properties | $599,900 | |
| Listed by Keller Williams Shore Properties | |||
| Aug 6, 2022 | In contract | - | |
| In contract | |||
| Jul 13, 2022 | Listed by Keller Williams Shore Properties | $650,000 | |
| Listed by Keller Williams Shore Properties | |||
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Welcome to Sailors Quay Estates! RARE 4 Bedroom Water View home with an exquisite, oversized backyard that looks over the beautiful marina, clubhouse and pool. Best of both worlds. Location! Rent a boat slip at the marina across the street (based on availability) & you can enjoy the pool & clubhouse; just steps from your backyard. No bulkhead, dock, or pool to maintain & there's even private boat storage on your property! Beautiful water view property that features 3 bedrooms up & a 1st floor bedroom or den on the main level. Stunning Great Room w/Volume Ceiling, Gas Fireplace, (3) French doors, Wall Unit w/TV *Seller prefers to sell the home with all furniture* (Furniture can take months to ship today) Outdoor is your private oasis w/a covered patio and custom paver patio with wall The manager has listed the unit size as 2401 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017