38 Old Pond 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 |
|---|---|---|---|
| Apr 10, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2024 | Listed by Douglas Elliman Real Estate | $1,468,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Mar 29, 2018 | Sold | ||
| Sold | |||
| Feb 14, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $1,250,000 | |
| Listed | |||
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Perfect Strathmore location, convenient to everything (near Old Mill Rd). Large living room with fireplace, formal dining room, open den, extended kitchen with huge island opening to private lush backyard. Enjoy summer nights and outdoor entertaining in a welcoming screened porch. Great Neck Park District including Parkwood Sports Complex: pool/lazy river, tennis, ice-skating, boating marina, and more! LIRR 27 minutes to Manhattan.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017