23 Sweetgrass Road
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Listed by Sothebys Int'l Realty Hamptons | $1,585,000 | |
| Listed by Sothebys Int'l Realty Hamptons | |||
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Westhampton Home with Pool - Where Privacy and Nature Abound: This lovingly-maintained home sits on an exceptionally-lush half acre on a quiet street in Westhampton. The property abuts a 4-acre preserve to the south, which creates a beautiful, natural buffer area, where privacy, sunshine, & birdsong prevail. Inspired by a Bauhaus design, the house has a calm simplicity to it - the main feature being a tall, square great room, with views over the back yard through large swaths of glass. Three bedrooms - including a primary suite with sliders to a dappled deck - complete the one-level living space. Outside, the deck also hosts a saltwater pool, hot tub, outdoor shower, and ample lounging area. Come and see this peaceful retreat, just two miles from Main Street. *Please note that some of the photos have been digitally enhanced: the leaves & flowers on the plants have been added to show how the property looks in high season.
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| Mar 31, 2016 | Sold | ||
| Sold | |||
| Dec 30, 2015 | Listed by Sothebys Int'l Realty Hamptons | $849,000 | |
| Listed by Sothebys Int'l Realty Hamptons | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017