1908 BOUNDARY Drive
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 5, 2021 | In contract | - | |
| In contract | |||
| Nov 20, 2020 | Listed | $8,450,000 | |
| Listed | |||
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Absolute gem in the exclusive Birnam Wood community. This 1975 Wallace Neff Estate has been reimagined in 2014 for today's lifestyle. A lofty 2-story living room, full of rich details & bathed in southern light, opens to a large entertaining terrace which looks to the sea. The cozy family room opens to an all white kitchen is dressed with premium appliances, noticeably the La Cornue range, and custom cabinetry. The entire 2nd level of the home is dedicated to the spacious, ocean view primary suite with dual soaking baths & closets. The balcony overlooks the pool, spa, & a large studio ideal for meetings/movies. Start or end your days backed by a warm fire on the terrace. Meander to the clubhouse for dinner or meet friends for a round of golf. The search for your forever home is done The manager has listed the unit size as 6163 square feet.
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| Feb 17, 2019 | No longer available | - | |
| No longer available | |||
| Feb 15, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017