312 84TH ST
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 |
|---|---|---|---|
| Aug 2, 2023 | No longer available | - | |
| No longer available | |||
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | In contract | - | |
| In contract | |||
| Jun 4, 2023 | Listed by Long & Foster Real Estate, Inc. | $2,000,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| May 14, 2023 | Listed by LONG & FOSTER REAL ESTATE, INC sic | $2,000,000 | |
| Listed by LONG & FOSTER REAL ESTATE, INC sic | |||
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Convenient, well-maintained beach home ideal for immediate use with the potential for future plans or development. Beachy, traditional, quaint curb appeal hides a surprisingly large living space inside on the first floor with two separate sitting areas. One nicely connects the centralized kitchen and a fantastic back yard space that has proven a wonderful setting for social gatherings through the years. This home is great for residents who plan on being active as it's a short walk to the Stone Harbor municipal facilities featuring playgrounds, tennis, basketball, and more. It also affords nice views from the front-of-home seating area down the open street to the bay. It's a wonderful block at day's end when the western skies are filled with color. The current sellers are only sadly moving on as the generational expansion of their beloved circle has made larger accommodations necessary. It served them and their loved ones well in the almost 20 years they were there and are confident it can do the same for the next owners. If you want to own a single-family home on 7-Mile Island, an opportunity at this price point for such a delightful home is hard to find. This is your chance to make your own Stone Harbor memories and live your own Stone Harbor dreams in the years and summers to come.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017