519 74th STREET
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 |
|---|---|---|---|
| May 13, 2025 | Price Decreased |
$1,975,000
↓ $120K
(5.7%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$2,095,000
↓ $200K
(8.7%) | |
| Price Decreased | |||
| Apr 11, 2025 | Listed | $2,295,000 | |
| Listed | |||
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What if you could have all the appointments of a 5 million dollar home, at over 50% off? That's this house. Cathedral tongue and groove ceilings, opulent trim work everywhere, a spacious single-level floor-plan. The kitchen is spectacular, open, high end everything. A beautiful master suite, an amazing pool, 2 boat lifts, even an oversized garage. 11000 sq foot lot, all the usable entertaining space you need. The boring stuff like the AC's are both new as well. 5 blocks to the beach, not much further to a ton of restaurants. There is no better option on the island sub-2 million.
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| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jun 9, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017