20 Namkee Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Listed by Signature Premier Properties | $970,000 | |
| Listed by Signature Premier Properties | |||
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Welcome to this stunning waterfront home in the highly desirable Blue Point Association—a true boater’s paradise. Wake up to breathtaking sunrises from your serene backyard and unwind with picturesque sunsets from the front porch, all while enjoying gorgeous views of the Great South Bay.
Inside, the home features an open floor plan highlighted by a beautiful kitchen with quartz countertops, perfect for entertaining. The living room offers a cozy gas fireplace, built-in bookshelves, and soaring cathedral ceilings, creating a bright and inviting atmosphere. The main level includes a guest bedroom and a brand-new full bathroom.
Upstairs, you’ll find the primary suite featuring a private balcony and a brand-new primary bathroom, along with a loft overlooking the main living area and offering beautiful views.
Step outside to an entertainer’s dream backyard, complete with a large deck and outdoor kitchen. After a day on the water, enjoy the outdoor shower and the convenience of ample storage with two sheds. The home is elevated and features a Navy-wall bulkhead that is approximately five years old.
HOA fees are just $500 annually and include access to a private beach and canal dredging. Flood insurance is approximately $487 per year.
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| Jul 10, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017