28796 Welcome Vw
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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Jan 5, 2025 | In contract | - | |
| In contract | |||
| Dec 19, 2024 | Listed by The Broker Network | $1,075,000 | |
| Listed by The Broker Network | |||
| Jun 29, 2017 | Listed | $875,000 | |
| Listed | |||
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Incredible breathtaking panoramic views from this James T. Hubbell designed masterpiece. The creativity & artistic touch in this custom house will capture your heart as soon as you step on the property. A true environmentally friendly home with recycled iron and CEMPO blocks, steel framed construction & hand selected myrtle drift wood from the Oregon coast.Amazing high ceilings, hand-textured sculptures, curled metals, stained glass & colorful hand-cut tiles have drawn artists, photographers & architects from all over! Fully permitted studio above the garage currently rents for $1100 a month. The artwork and detail of this structure was created by the world renowned artist James T. Hubbell, specific to this location. Since 1958, Hubbell and his wife, Anne, have lived in a collection of art-filled earthen buildings he designed and built by hand and this custom house built together with the Pruitt family is arguably his best collaboration to date.. Hubble homes provide unique living environments that capture the harmony and spirit of nature. This steel framed structure has 13 Arches and more than a mile of re-bar, surrounded by the natural existing landscape. Concrete was colored inside so no need to paint again. There are 2 water heaters & 3 separate heat pumps. The high efficiency windows and the R40 Insulated shell gives it incredible energy efficiency and design effectiveness. Enjoy sipping your morning coffee next to one of the 2 cozy fireplaces or on one of the 4 natural granite boulder view decks with 360 degree views. And discover the magical / secret gardens that are placed throughout the property. Hidden Meadows is a unique residential community, often referred to as one of inland North County's best-kept secrets. A 1500 foot altitude means a pleasant all year round climate with ocean breezes and ocean views!The manager has listed the unit size as 2006 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017