2 Southpoint Ln
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 18, 2016 | Sold | ||
| Sold | |||
| Aug 20, 2016 | Listed by Advisors Living - Andover | $1,211,000 | |
| Listed by Advisors Living - Andover | |||
| | |||
|
Privacy, views and elegance. This well proportioned property offers four suites including a first floor master with a gas fireplace. The carefully designed floor plan allows for both formal entertaining and casual modern living. There is a circular dining room with a butler pantry that leads to a sunny kitchen with rose flecked granite counters, a cozy gas fireplace and walk out to double width deck. The east facing living room has hardwood floors, a gas fireplace, and soaring east facing windows that let in natural light There are glass sliders that lead as well to the deck so the "flow" for parties is excellent. A circular office and master suite completes the main floor. The second level contains two mirror image bedrooms each with their own private bathrooms and walk out balconies to enjoy the view of the golf course. The lower level contains a lounge with a tray ceiling, gas fireplace, bar and wine room. There is a 4th bedroom with bath and a rubber floored exercise room.
| |||
| Jul 1, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017