54505 County Road 48
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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Price Decreased |
$1,775,000
↓ $220K
(11%) | |
| Price Decreased | |||
| Jul 17, 2024 | Price Decreased |
$1,995,000
↓ $300K
(13.1%) | |
| Price Decreased | |||
| Apr 20, 2024 | Listed by Corcoran | $2,295,000 | |
| Listed by Corcoran | |||
| | |||
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This great Greenport beach house is the one you've been waiting for! Ten steps down to 100 feet of beach/ waterfront on the Long Island Sound. 4 bedrooms, 2 baths, 1 car attached and detached 2-car garage with a loft, screened in gazebo and a Bocce court on just shy of an acre! Plenty of room for a pool. This won't last! Near all the North Fork has to offer - award winning vineyards, renowned restaurants, farmstands, boating and great shopping!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017