29 Biscayne Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Douglas Elliman Real Estate | $749,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Fabulous mid-century split, set on a manicured corner lot within Huntington's Skyline Woods neighborhood, less than a 5 minute drive to Huntington Village's lively & thriving dining, shopping, and entertainment scene. Recently and professionally designed, the front approach is aesthetically spot-on, with extensive specimen plantings landscape lighting, and masonry in place. Updated comprehensive vinyl fencing, retaining walls, and full perimeter landscaping Generously sized foyer opens directly into a lower level family room. Vaulted main level living room features focal point mid-century mirror and oversized bay window. Kitchen features upgraded appliances, including natural gas fueled range, and butcher block breakfast bar. Other notable upgraded features include an 8-zone sprinkler system (2 yrs), cesspool (5 yrs), central air conditioning system (10 years), and updated windows. Hardwood floors throughout. Entry level (lower level) is inclusive of a bedroom or optional home office and family room with sliders leading directly to the pool area. Picture perfect for summer days, the backyard features an in-ground freeform pool, recently updated low-level decking, paver patio, and rock gardens, equating to low maintenance. Pool liner, Loop-loc cover, pump - all updated within 5 years. Taxes w/ STAR - $13,855
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| Jun 27, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017