47 FLAMINGO DR
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 |
|---|---|---|---|
| Feb 24, 2021 | No longer available | - | |
| No longer available | |||
| Feb 14, 2021 | Listed | $8,400,000 | |
| Listed | |||
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One of the best bayfront homes currently for sale in Avalon on one of the best bayfront lots. This 5 Bedrooms, 5 full and 2 half baths home with elevator access to ground floor offers stunning contemporary grace with cathedral ceilings and elegant woodwork with some of the best views you will find on the water. The benefit of a high-end restoration has provided sophisticated interior features and an expansive floor plan for the entire family. As you enter the first floor you are greeted by a huge family room with upscale wet bar and sliders lining the back wall that let in the views of the deck, inground pool and bay. You will also find 3 bedrooms with plenty of closest space and full baths, the first of two laundry rooms and an additional full bath. The second floor is home to the gourmet kitchen with wolf oven, oversize French door refrigerator, farm style sink and kitchen island that may fit the whole family. The second floor is open plan living at its best as right off the kitchen is the enormous family room, dining area and beautiful stone fireplace. You will also be hard pressed to find an area that does not offer great views of the water with its oversize sliders to the second floor deck. The second floor also offer 1 bedroom with on suite bath, an additional bathroom for your guests, a butler pantry that connects to an office or additional bedroom. The third floor is home to the master suite and master bath with double sinks and soaking tub with an extra laundry area. Although this home offers everything you need you may be spending all your time outdoors enjoying the inground pool, floating docks, boat lift, 3 boat slips , 2 jet ski slips and out door shower. Some addition features include screen in porch, 3 zone AC & Heat, 2 zone instant hot water, security system and sprinkler system
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| May 8, 2015 | Sold | ||
| Sold | |||
| Mar 21, 2015 | Listed by Keller Williams Realty - Medford | $3,300,000 | |
| Listed by Keller Williams Realty - Medford | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017