35 Cliff Road South
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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by South Shore Sotheby's International Realty | $845,000 | |
| Listed by South Shore Sotheby's International Realty | |||
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Let life's worries slip away as you bask in lovely views, sunrises & sunsets at this bright, renovated, year-round home perched high on a bluff overlooking the Atlantic & the confluence of the north and south rivers! It's rare to find such homes by the sea sold publicly, and which also offer such a uniquely high elevation. Enjoy that rooftop feeling of being out at sea, and yet without flooding concerns. In fact, the homeowner pays NO FLOOD INSURANCE! The house was substantially renovated in 2017, with a generously-windowed, newer & open feel w/attractive upper level of kitchen/dining, main bedroom suite, and living room w/gas fireplace. The first level has another spacious bedroom, family room, laundry and bathrooms. The home's 3 bed septic may potentially allow for an upward addition or possible garage conversion. The wraparound deck provides enviable choices: Sun, shade, river, or ocean breezes...gorgeous sunrises or breathtaking sunsets. A rare gem for sure - come see!
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| Feb 15, 2017 | Sold | ||
| Sold | |||
| Dec 30, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017