33 Gravelly Point Road
About This Property
Welcome to Gravelly Point, a prestigious beachfront enclave nestled in the charming town of Highlands. This updated elevated home, completed in 2014, epitomizes coastal elegance with its open floor plan, abundant natural light, and stunning water views from your private balcony. Enjoy the luxury of your own beachfront just steps from home. This is a spacious lot being one of the largest lots in the community, There is a finished lower area that provides extra space for recreation and relaxation. Just minutes from Sandy Hook Beaches, a vibrant farmers markets, Hartshorne Woods, Henry Hudson trail and high-quality dining experience. Quick access to the Seastreak Ferry for a seamless commute to NYC. Experience the perfect blend of serene coastal living.
It's a lifestyle! City to Shore!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Relisted | $539,000 | |
| Relisted | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Price Decreased |
$539,000
↓ $60K
(10%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017