41 Amherst 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 |
|---|---|---|---|
| Jun 6, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $2,298,000 | |
| Listed | |||
| | |||
|
Stately Colonial, Meticulously Maintained In Prime Gne Loc. Elegance Abounds Featuring Soaring Entry, Large Principal Rms Ideal For Entertaining Incl Lr W/ Fpl, Fdr, Eat-In-Kitchen W/ Center Island, Family Rm With Fpl, Office (Or Add'l Bd). Luxe Mbd Suite W/ Fpl, Hi Ceilings & Wic; 3 Add'l Bds & 2 Full Baths. Close To Town, Only 1/2 Mi To Lirr. Zoned Both Gnnhs/Gnshs. The manager has listed the unit size as 5200 square feet.
| |||
| Jun 13, 2017 | Listed by Douglas Elliman Real Estate | $2,198,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Great Neck
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Currently no similar homes aroundNearby Rentals
$6,999 /mo
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$8,250 /mo
- 3 Beds
- 2 Baths
- 2,224 ft²
Data Source: OneKey MLS
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