29 Hamlet Drive #29
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%.
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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.
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 8, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by Douglas Elliman Real Estate | $859,000 | |
| Listed by Douglas Elliman Real Estate | |||
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This stand-alone Arlberg Villa has a bright and open floor plan, with over 2,900 square feet of living space. The two-story entry way boasts 18' ceilings and leads to the large living room and formal dining room. The EIK is open to a sun filled great room with Sliders to a private backyard, with a brick paver patio, and lush and beautiful landscaping that overlooks the 18th fairway and has a pond view. The upper level has a lofted office/sitting area, which can easily convert into a 4th bedroom. The spacious primary suite has 2 large closets and an ensuite bathroom with a stall shower and large tub. There are also 2 additional nicely sized Bedrooms and full bathroom upstairs. The Commack Hamlet is a private 24 hour gated security Country Club Community. SOCIAL or GOLF MEMBERSHIP IS REQUIRED to reside in the Community. See Attached Fee Sheet (Fees must be verified with the Membership Director of Invited Clubs)
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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 |
|---|---|---|---|---|---|---|---|
|
06/26/2024
|
3 Bed
|
3 Bath
|
-
|
$859,000
3 Bed
3 Bath
|
$850,000
-1.05%
10/08/2024
|
Karen Amereno
Signature Premier Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017