548 Harbor Drive
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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Real Broker NY LLC | $1,199,000 | |
| Listed by Real Broker NY LLC | |||
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Nestled in the desirable area of Cedarhurst, this recently renovated property offers a blend of modern comforts and classic appeal. Updates throughout the home include new siding, hardwood floors, and two fully renovated bathrooms, providing a fresh and inviting atmosphere. Inside, the home has been freshly painted, and new moldings and trim add a touch of elegance to the space. Outside, a new driveway adds convenience, while the roof (only eight years old) and most windows (replaced with Pella windows within the last five years) ensure durability and energy efficiency. The central A/C system, installed just two years ago, keeps the home comfortable year-round. Located in Cedarhurst, known for its sense of community and excellent amenities, this property offers a comfortable and convenient lifestyle in a sought-after neighborhood. Don't miss the opportunity to make this beautifully renovated house your new home. *Fence to be fixed and Driveway to be redone and finished within the coming two weeks
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| May 17, 2024 | Listed by Real Broker NY LLC | $1,199,000 | |
| Listed by Real Broker NY LLC | |||
| Dec 18, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017