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About This Property
The expansive private backyard features a slate terrace ideal for entertaining or relaxing, surrounded by mature trees, and there is an attached two-car garage for added convenience. Upstairs, the generous primary suite includes custom built-ins and a renovated ensuite bath with a stand-up shower. Three additional bedrooms, each with closets and hardwood floors, are complemented by two full baths with soaking tubs.
On the third floor, you will find a spacious bonus room with high ceilings and an adjacent space perfect for storage. The finished basement offers a cozy, wood-paneled recreation room complete with a stone fireplace and wet bar. Additional highlights include gas heating, a picturesque slate roof, and access to the highly regarded Great Neck South schools. Village Taxes $ 476year.
Thoughtfully designed living spaces combined with a prime location-just blocks from the LIRR, shopping, and the town center-make this a truly exceptional home.
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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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed by Douglas Elliman Real Estate | $1,299,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017