24 Hamlet Drive #24
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%.
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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Dec 2, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Douglas Elliman Real Estate | $1,399,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Aug 21, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 2, 2024 | Listed by Douglas Elliman Real Estate | $1,450,000 | |
| Listed by Douglas Elliman Real Estate | |||
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The Hamlet at Olde Oyster Bay is a gated, self-contained, country- club living community with every possible amenity for today's discerning buyers. Rare and new to the market, this fully detached home has a primary on the main plus 3 additional bedrooms. Spacious, with nearly 3000 square feet of living space, this is the only home available with primary on the main. From the grand two-story entry to double height living spaces, floor to ceiling windows, a formal dining room, double height family room, open concept to eat-in center island kitchen, this floor plan is brilliant. The eat-in kitchen has stainless steel appliances, under counter lighting Microwave/Convection double oven combination, upgraded tall cabinets with crown molding, tumbled marble backsplash, granite counter-tops, hi-hat lighting and adjoining butler's pantry. The kitchen is open to a double height den with a custom built-in and sliders to rear kidney shaped patio. A main level primary has a tray ceiling, two walk-in closets, hi-hat lighting and sliders to rear. An ensuite marble bath has a jacuzzi tub, frameless door shower and dual sink vanity. On the second level there are three additional bedrooms, full bath and a large landing over-looking impressive views of the primary living spaces. This beautiful home has natural gas heating, floor to ceiling windows, hardwood floors, 2 car garage, private yard with mature trees and perennial gardens plus oversized patio. Natural light streams throughout this home. A very desirable 24-hour manned gated community with amenities including restaurant, bar, indoor and outdoor pools, club house, gym (his/her lockers), spa rooms, beauty salon, tennis, pickle ball, poolside snack bar and playground. A once in a lifetime to own a timeless home with rich appointments for the most particular buyers! Please inquire about buyer fees.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/02/2024
|
4 Bed
|
3 Bath
|
-
|
$1,450,000
4 Bed
3 Bath
|
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-
|
Patricia Pascullo
Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017