31 Hillside Road
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Jan 22, 2024 | Listed by Coldwell Banker American Homes | $584,000 | |
| Listed by Coldwell Banker American Homes | |||
| | |||
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Charming Stone Cottage w/Beach Rights, 2 Bedrooms, 2 Baths, Located In The Desirable Sound View Association. Many Amenities Included In This Waterfront Community -launch your paddleboard at the private beach during your 'staycations.' Beach Pavilion for your private parties, ball field, volley ball court, mooring rights, Boat Ramp, Playground, & Community Events With Association Dues of $1,075/Year. Convenient To Stony Brook University, Hospital, Train & Stores.
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| Jan 18, 2024 | No longer available | - | |
| No longer available | |||
| Dec 6, 2023 | Listed by Daniel Gale Sothebys Intl Rlty | $585,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017