Lot 31/49 Soundview Drive
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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 |
|---|---|---|---|
| Jun 1, 2024 | Sold | ||
| Sold | |||
| Apr 7, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | No longer available | - | |
| No longer available | |||
| Feb 1, 2024 | Listed by Howard Hanna Coach | $159,000 | |
| Listed by Howard Hanna Coach | |||
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Build your dream home on this stunning lot, just a stone's throw away from acres of North Shore beaches. Imagine waking up to the soothing sound of waves and enjoying breathtaking waterviews from a second-level retreat. This unique property spans two lots, conveniently situated from Soundview Drive to Rosewood Avenue, offering flexibility in choosing your preferred address. Merged into one buildable lot, the combined taxes and property size ensure ample space for your vision to unfold. Don't miss this opportunity to create your own coastal oasis in this coveted seaside community."
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| Feb 5, 2022 | Listed by Howard Hanna Coach | $149,900 | |
| Listed by Howard Hanna Coach | |||
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Build your dream home on this beautiful lot just one block away from acres of north shore beaches. Waterview's can be enjoyed on a 2nd level. Please note there are two lots (back to back). Property runs from Soundview Dr. to Rosewood and you can have the address on either side. Lots have been married into one buildable lot and the taxes and property size represent both lots combined.
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017