21 Salt Meadow Road #21
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%.
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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.
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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Dec 31, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Signature Premier Properties | $1,199,000 | |
| Listed by Signature Premier Properties | |||
| | |||
|
Luxurious and completely renovated waterfront townhouse in the desirable Bridgeview condo. Totaling over 2700 sqft., this home is an entertainers paradise featuring an open floor plan and seamless access to both indoor and outdoor entertaining. Updated chef's kitchen w/white shaker cabinets, quartz countertops, new appliances, and high-end finishes opens to a large living/dining area with stunning water views, updated fireplace, high ceilings, and custom mill work. Renovated and chic washroom in addition to an en suite bedroom with additional updated full bath and french doors complete the first floor. Continue upstairs to 2 additional en-suite bedrooms including a luxurious master suite with custom WIC, fireplace, waterfront balcony, and mill work. Opulent new master bathroom is a true highlight featuring exquisite ship lap complemented by high-end finishes and luxurious jacuzzi tub. Additional features are CAC, 8-zone heating (includes garage), XL/heated 2-car garage, upstairs laundry, brand new recessed LED hi-hats throughout, 30' deeded boat slip (incl. in taxes & common charges), security cameras throughout, two outdoor living areas with year round water views, and a brand new blue stone patio all complemented by no flood insurance! Experience the epitome of Long Island nautical living with all that the Village of Babylon and Great South Bay have to offer!, Additional information: Appearance:Pristine
| |||
| Jun 27, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2024
|
3 Bed
|
3 Bath
|
2700 ft²
|
$1,199,000
3 Bed
3 Bath
2700 ft²
|
$1,150,000
-4.09%
02/26/2025
|
Matthew J Simeti
Cornell Realty Group Inc
| |
|
12/01/2022
|
3 Bed
|
4 Bath
|
-
|
$1,050,000
3 Bed
4 Bath
|
$950,000
-9.52%
06/27/2023
|
John McSherry
Prudential Douglas Elliman Real Estate
| |
|
05/01/2022
|
3 Bed
|
4 Bath
|
-
|
$1,150,000
3 Bed
4 Bath
|
-
-
|
Larry Barasch
Signature Premier Properties
| |
|
10/24/2019
| |
3 Bed
|
3 Bath
|
2700 ft²
|
$799,999
3 Bed
3 Bath
2700 ft²
|
$780,000
-2.50%
05/29/2020
|
Jane L. Letterman CBR
Century 21 Adams Real Estate
|
|
06/21/2016
| |
3 Bed
|
3 Bath
|
-
|
$789,900
3 Bed
3 Bath
|
$760,000
-3.79%
05/15/2017
|
Lisa A. Magro
Eric G Ramsay Jr Assoc LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017