51 Briar Spring 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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Corcoran Property Advisors | $2,950,000 | |
| Listed by Corcoran Property Advisors | |||
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Welcome to 51 Briar Spring Road, a charming and sophisticated residence straight from the pages of a design magazine! Located in desirable East Orleans, this home has beautiful water views overlooking Pochet Inlet. Tremendous natural light and an open and flexible floor plan make for a dramatic first impression. Custom kitchen offers glass cabinets, marble counters, La Cornue range and adjacent pantry. The property has 4 bedrooms as well as a bunk room. Privately sited on almost an acre with lush lawns, multiple decks, heated pool with auto-cover and fire pit overlooking the water complete this special offering.
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| Jul 23, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017