480 Old Courthouse 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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $1,695,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Welcome to the market, this rare Colonial style in Manhasset Hills. This spacious and elegant home features 5 bedrooms and 3.5 bathrooms. As you enter, you're greeted by an impressive spiral staircase and beautiful entry foyer. There is a convenient half bath for guests. A spacious formal living room with gleaming hardwood floors that stretch across the entire area. The room features a stunning large bay window, which serves as a focal point and bathes the space with natural light. Then you seamlessly transition into the den, offering direct access to the backyard and deck with elegant French doors. A nicely sized formal dining room next to the kitchen offers a perfect blend of style and practicality and elegance. The updated eat-in kitchen has a cozy breakfast area, floor-to-ceiling windows overlooking a serene deck and lush yard. Additionally, you will find a quaint bedroom perfect for relaxation with a full bath. Laundry area conveniently located on first floor offering a comfortable and functional space. The upstairs features a spacious landing area leading to the primary bedroom, which boasts an updated bath for added luxury. Additionally, there are three generously sized bedrooms and another bath complete with double sinks, ensuring ample space and comfort. The basement is an expansive, open space offering endless possibilities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017