47 Farrington Avenue
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%.
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 |
|---|---|---|---|
| Nov 7, 2013 | Sold | ||
| Sold | |||
| May 21, 2013 | Listed by Coldwell Banker Realty - Gloucester | $1,200,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
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This elegant contemporary with spectacular views of Brace Cove and ocean is impeccably maintained with custom features designed by architect Jonathan Poore, including gourmet kitchen, two master bedroom suites, custom baths, bright and open living room with marble fireplace, large formal dining room, and plenty of room for extended family living (SEE VIDEO TOUR), all on a thoughtfully landscaped acre, with access/use of private Brace Cove.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017