54 Middle Road
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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by Douglas Elliman Real Estate | $1,049,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Behind the white ranch-rail fence and down the cobble stone and paver driveway, this exceptional Cape Cod, nestled amongst some of Blue Points most historic homes, awaits its new owner. A true charmer upon approach with sprawling green lawn, wooden shutters, weathervane cupola atop, foliage covered pergola and cherry red door. Enter the foyer and experience the comfortable elegance. Formal living room to the left with a wall of original built-in cabinetry and warming fireplace, flowing into the southern exposed sun room with exposed beams. The dining room is to your right with sliding barn door and built in china cabinet, adjacent to the stunning kitchen, featuring high ceilings and honed beams. The great room is a magnificent space with sky lights, built-in cabinetry and amazing views of the rear yard. The first floor offers an en suite bedroom with full bathroom, currently used as a home office. Powder room, mud/laundry room and attached 2-car garage round out this level. Upstairs are three additional bedrooms and a full bathroom. The lower level features a lovely recreation space and lots of storage. The resort-like grounds are professionally landscaped with lush lawn and specimen trees, patios with seating areas and hot tub. The center of it all is a refreshing free form pool with sun ledge. A true bonus is the back yard abuts Meadow Lane for cul-de sac access. Just perfection from top to bottom.
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| Mar 15, 2016 | Sold | ||
| Sold | |||
| Oct 6, 2015 | Listed by Douglas Elliman Real Estate | $679,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Blue Point
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$2,315 /mo
- 1 Bed
- 1 Bath
- 720 ft²
$2,875 /mo
- 2 Beds
- 1 Bath
- 890 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017