38 Grey Hawk Dr #653
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%.
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by Kinlin Grover Compass | $649,000 | |
| Listed by Kinlin Grover Compass | |||
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Start enjoying all that Southport has to offer in this rare and beautifully upgraded Osterville style. Open concept floor plan on the main level was thoughtfully designed featuring a bright and spacious entryway leading to the living, dining and kitchen area w/ soaring ceilings and a wall of windows for an abundance of natural light. The kitchen offers granite counters, SS appliances, tile backsplash and a breakfast bar. The living and dining area leads to a spacious private deck w/ plenty of greenery. The primary suite features a private full bath and spacious closets. Gleaming wood floors, 1/2 bath for guests and separate laundry room round off the first floor. On the second level you'll find the expansive loft area and guest bedroom and bathroom. On the lower level an impressive expanded finished basement is sure to please, w/ the additional space you are looking for while offering ample storage in the unfinished space. Live the 55+ Southport life where the amenities are unmatched!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/22/2024
|
2 Bed
|
3 Bath
|
2100 ft²
|
$679,000
2 Bed
3 Bath
2100 ft²
|
$640,000
-5.74%
12/20/2024
|
Barbara Lunn
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017