5 Cottage
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| Apr 19, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Price Decreased |
$979,000
↓ $21K
(2.1%) | |
| Price Decreased | |||
| Mar 4, 2025 | Listed by Netter Real Estate Inc | $999,999 | |
| Listed by Netter Real Estate Inc | |||
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This extraordinary Gilgo Beach property offers breathtaking bay views with open concept living spaces.
Oversized windows and a cupola flood the house with natural light. The heart of the home offers a chef’s kitchen with quartz island, and concrete countertops, stainless steel appliances, and a dining space that accommodates eight or more. Cozy window seating invites you to unwind in this year-round retreat. There are three fireplaces that add warmth and ambiance. Indulge in luxury after beach and surf with private sauna, complete with an invigorating outdoor shower. Primary bedroom has a oval tub to soak in including a shower and heated towel bar. Guest suite includes a full bath and barn door for room privacy. House renovated in 2019 and first floor renovated in 2024. Sit on the deck and take in the spectacular sunsets right in your backyard. When only the best will do, this is where you will find it.
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| Aug 15, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017