4 Birch Place
About This Property
Burner and tank 2021, roof is a 30 year Architect roof, only one layer, updated windows. This home is immaculate and well maintained.
Ideally located near some of Glen Cove's most beloved waterfront destinations, including Crescent Beach, Pryibil Beach, and Morgan Memorial Park. Enjoy resident-only access to Pryibil Beach with its fishing pier, playground, and concession stand, while Morgan Memorial Park offers beautiful rolling lawns, a sandy beach, and popular summer concerts overlooking the Long Island Sound.
Conveniently situated near shopping, dining, schools, golf courses, North Shore Hospital, parks, and the LIRR, this home offers the perfect balance of comfort, convenience, and coastal living. Bring your vision and create your dream home in one of the North Shore's North Shore desirable community.
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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.
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About Glen Cove
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$6,000 /mo
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$4,300 /mo
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Data Source: OneKey MLS
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