331 FIVE ISLAND Drive
About This Property
Brand new construction. Have a new home without the wait! Come see this never lived in home, the Vilano model is located on a huge lot and has gorgeous direct marsh views. No expenses were spared as it was intended to be a primary residence. Gourmet kitchen, LVP throughout , and a huge 3 way hideaway slider for unobstructed views. Plenty of room to create your backyard oasis.
As you enter the home you will be greeted by a large foyer and the stairs lined with iron spindles and oak treads. Your eyes will be drawn to the views of the marsh through the 3 way slider creating a focal point of the home. You will be distracted by the views but to your left you will find a downstairs bedroom and bathroom. In the main living area you will be pleased with the open floor plan allowing the chef in the gourmet kitchen to socialize as he or she prepares dinner.
Upstairs you will find a loft with tray ceilings and a large laundry room. The owners suite is large and is complimented by a balcony overlooking the marsh with Intercoastal views, a perfect morning coffee location. The Owners bathroom is large with a separate soaker tub and tiled shower with a rain shower head. Upstairs you will also find two additional bedrooms and a guest bathroom.
Come live the island life in your brand new home.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 11, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed by ENDLESS SUMMER REALTY | $779,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017