24 Biscayne Drive
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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 28, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Exit Realty Island Elite | $550,000 | |
| Listed by Exit Realty Island Elite | |||
| | |||
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Welcome to this delightful 4-bedroom, 1.5-bath colonial home nestled in the heart of Selden. Upon entering, you'll be greeted by a small foyer that leads into a beautifully updated kitchen, ready for all your culinary creations. The first floor also features a cozy den, a spacious dining room, and a convenient bedroom, with a well-appointed half bath rounding out this level. The true highlight of the first floor is the seamless flow from the living space to the beautiful backyard. Imagine summer gatherings around the above-ground pool, which can be left as a special gift to the new owners. Ascend to the second floor to find a formal dining room, perfect for elegant dinners and celebrations. On the third level, you'll discover the primary bedroom along with three additional generously sized bedrooms and a full bathroom. Additional features include energy-efficient solar panels (leased), adding a touch of green to your lifestyle while keeping utility costs down. This home perfectly blends modern updates with classic charm, offering space, comfort, and the perfect setting for making lasting memories. Don't miss your chance to own this gem in Selden!
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| Sep 9, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017