345 Breakwater Road
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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 25, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| May 4, 2024 | Relisted | $999,000 | |
| Relisted | |||
| May 2, 2024 | No longer available | - | |
| No longer available | |||
| Nov 12, 2023 | Listed by Douglas Elliman Real Estate | $999,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Quaint Cottage Home on a Little Over a Private Acre, with Large Barn and Detached Garage. House Has 18" Wide Plank Hardwood Pegged Flooring Throughout. Full Basement with Outside Entrance. Deck, Patio, Fenced Yard. The Barn can Park 3 Cars or would make a Great Contractors Barn, Work Shop, Artist Studio. The Barn is 24x30 sq ft. Plus, There Is A Detached Garage! This Home was Updated by a Master Carpenter/Craftsman! This Property is Located in the Heart of the North Fork., Close to Breakwater Beach, the Old Mill Restaurant, Love Lane Shoppes, Wineries! Plenty of Room For A Pool but You May Not Want One, Because You are So Close To the Beach!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017