47
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49 Monaco Street
About This Property
Perfectly positioned on a serene lakefront lot, the home blends relaxed coastal elegance with functional design and exceptional indoor-outdoor flow. The open-concept living, dining, and kitchen areas create an inviting atmosphere ideal for entertaining. Large windows invite in natural light while framing tranquil water views, and the well-appointed kitchen provides ample space for hosting family and guests with ease.
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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 |
|---|---|---|---|
| Feb 27, 2026 | Listed by Compass | $1,695,000 | |
| Listed by Compass | |||
| Jul 2, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | No longer available | - | |
| No longer available | |||
| May 6, 2021 | Price Decreased |
$1,399,999
↓ $49K
(3.4%) | |
| Price Decreased | |||
| Apr 26, 2021 | Listed by Compass | $1,449,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017