1
Map
49 1/2 Long Hill Road
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 |
|---|---|---|---|
| Dec 27, 2013 | Sold | ||
| Sold | |||
| Jul 31, 2006 | Sold | ||
| Sold | |||
| May 23, 2006 | Listed by Delap Real Estate LLC | $499,000 | |
| Listed by Delap Real Estate LLC | |||
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Stunning Contemporary on 2 3/4 acres abutting conservation land. Special attention paid to detail by architect such as 15 ft. Palladium window with window seat and flanked by built-in bookcases, wide board maple floor, center island with Jenn Aire, wrap-around Trex decks with hot tub, family/media room with Vermont Castings stove, balcony off mbr. Beautiful landscaped grounds with perennial gardens. Two minute walk to Echo Lake. Outstanding craftmanship!
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