251 Piney Point 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 1, 2022 | Sold | ||
| Sold | |||
| Apr 18, 2022 | Listed by Greenwood King Properties | $2,595,000 | |
| Listed by Greenwood King Properties | |||
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Piney Point at its finest! Mediterranean home with lush landscaping and expansive outdoor spaces that include covered patio, pool, mosquito system, and plenty of yard for entertaining. Dramatic entry leads to formal living and dining with gorgeous hardwood floors, oversized windows and classic details. Den is at rear of home with cozy fireplace flanked by built-ins and opens to breakfast and kitchen. Gourmet kitchen is true gem with large island, granite counters, gas cooktop and walk-in pantry. Don’t miss the butler’s pantry/bar area that separates the dining and kitchen. On the way to the primary bedroom is the formal study featuring wood floor, built-ins and glass doors for privacy. Primary bedroom has seating area and leads to primary bath with spa-like shower and large walk-in closet. Upstairs you will find 4 additional bedrooms all with ensuite baths and large closets, a large game room with large walk-in closet, a homework area, plus a home theater.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017