311 Stony Brook Rd
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 |
|---|---|---|---|
| Aug 18, 2017 | Sold | ||
| Sold | |||
| Feb 10, 2016 | Listed by William Raveis R.E. & Home Services | $599,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Welcome to this full Cape antique home and optional seasonal business on idyllic Cape Cod. Your purchase includes the house and four exterior buildings consisting of the current Packet Galleries (packetgalleries.com) in a circa 1770 barn, a circa 1770's Jelly House, two room garden shed and a bonus shed. Situated on 2.55 acres with over 400 feet of frontage on Stony Brook Road, and an additional 1.419 acres separated by 5 acres of wetlands but part of the same property. Enjoy hosting friends and family in this over 250 year old family home! This house is perfect for entertaining on the private patio, the three season sunporch or the spacious chef's kitchen with ample storage and room for everyone. This house was built for family and entertaining!The new owners can continue operating Packet Galleries as an antique store or art gallery.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017