4940 Discovery Pt
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.
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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 9, 2025 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Relisted | $1,675,000 | |
| Relisted | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Listed by Merrill Signature Properties | $1,675,000 | |
| Listed by Merrill Signature Properties | |||
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Tastefully updated with high-end features, this stunning residence treats you to the ideal waterfront lifestyle in Discovery Bay! Its newly landscaped welcomes you with a fountain and lush foliage. Explore the main gathering areas, from the kitchen with granite floors, stainless steel appliances and an oversized island to the adjacent family room warmed by a stately fireplace. Steps away in the breakfast nook, walls of glass connect the stylish interior to exceptional sunset views.Vaulted coffered ceilings add a casual elegance to the expansive primary suite that highlights a sitting area and office overlooking water panoramas. Pamper yourself in the opulent ensuite, showcasing a steam shower and a soaking tub. A sure delight for the avid entertainer, there’s a mini-movie theater with multiple built-ins, another fireplace, and a cocktail bar to complete your leisurely experience. Enjoy cookouts in your full outdoor kitchen over looking the water. Double U-dock. New hot tub! Surround sound outside and throughout home. Owned NOT leased 40 solar panels. 5-minutes to fast water!
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About Discovery Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017