19 Old Neck Rd
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 |
|---|---|---|---|
| Nov 1, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by J. Barrett & Company | $3,995,000 | |
| Listed by J. Barrett & Company | |||
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The offering is comprised of two residences, a c1900, fully renovated, main house, and a new 3,000 SF guest house with a regulation size squash court. One of the original summer cottages on the North Shore, the main house sits on a hill with treetop views overlooking the swimming pool, pool house, professionally landscaped grounds, rose garden, terrace and stone walls. The shingled residence was renovated in 2008 and has five bedrooms, and six full baths and 8,900 SF of elegant living area. The main living floor features a 2-story walnut paneled library with fireplace and diamond shaped leaded windows, an open kitchen/family room/dining area with stainless steel appliances and gas fireplace, an oversized formal dining room, a music room, living room, and an office. The second level consists of the master bedroom suite, two bedrooms with en-suite baths, a studio/playroom, and laundry. The third level has additional sleeping quarters with two bedrooms, 2 baths, and a kitchenette.
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| Mar 25, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017