4 Locust Street
About This Property
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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.
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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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $1,488,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Welcome to this 4 bedroom, 3 full bath Colonial in the highly sought-after area of Great Neck, NY. Situated on an oversized 100x100 lot with lush greenery and red Japanese maples. The main level has an inviting open floor concept with floor-to-ceiling windows that allows for an abundance of natural sunlight. Features include a vaulted ceiling and a spacious living room with a fireplace. A convenient bedroom and full bathroom on the main level with a separate entry point allow for versatile living arrangements. Ascending to the upper level is a primary suite that includes a full bathroom, private balcony, and park views. This space offers a serene retreat for relaxation. The second level also offers two additional bedrooms with a full bathroom. Enhancing the allure of this exceptional property are the amenities it offers, including new windows, an HVAC system with central air, and a new state-of-the-art French drain system. Adding to this appeal is the Great Neck Park District, Great Neck schools, charming town center, steps to Allenwood Park, and quick access to transportation. A terrific house in an enviable location. A once-in-a-lifetime opportunity to own your dream home!
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| Jun 26, 2015 | Sold | ||
| Sold | |||
| Nov 7, 2014 | Listed by Daniel Gale Sothebys Intl Rlty | $988,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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About Great Neck
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$10,000 /mo
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$7,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017