4740 HATCROWN POINT DRIVE
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%.
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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.
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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by Northrop Realty | $2,250,000 | |
| Listed by Northrop Realty | |||
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Welcome to 4740 Hatcrown Point, a private waterfront estate on the serene Nanticoke River, where luxury meets tranquility. This expansive compound features two exquisitely appointed residences: a stunning main house and a charming guesthouse, each designed to cater to your every desire. Whether you seek the peaceful solitude of over 2000 feet of pristine water frontage or the vibrant energy of boating and entertaining, this coastal sanctuary promises to fulfill your every dream. The main house at Hatcrown Point is a true masterpiece, meticulously reimagined in 2021 with complete interior and exterior renovation. The open floor plan is crafted to maximize the breathtaking panoramic views, creating an ideal setting for both intimate gatherings and grand celebrations. The renovations extend to a versatile 30 x 60 venue flex space and a spacious guesthouse featuring three bedrooms, a bath, and a four-car garage (converted to 3-car with an office during the renovation). Spanning twenty-four lush acres, this estate is rich in amenities, including a private 100-foot pier equipped with water and electric service, two boat lifts, and a jet ski lift. A sandy beach, safeguarded by a new seawall, invites relaxation, while a pergola nestled among blooming landscapes and a grand entertaining patio off the main house provide perfect spots for outdoor enjoyment. At Hatcrown Point, the possibilities are endless. Embrace the joy of waterfront living, connect with fellow water enthusiasts, or become the ultimate host in this idyllic retreat. The estate's numerous amenities also present exciting entrepreneurial opportunities, from homestays and vacation rentals to large-scale events. Discover the seamless harmony of land and water, privacy, and connection, play and pause. Bring your vision to life at Hatcrown Point on the Nanticoke, where your dreams set sail and your future unfolds. This extraordinary waterfront residence is an unparalleled retreat for the senses, inviting you to create the next chapter of your life in style and luxury.
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| Jul 31, 2019 | Sold | ||
| Sold | |||
| Sep 3, 2018 | Listed by Coldwell Banker Realty | $1,375,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017