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55 Longboat 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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Johnson Bayside Real Estate | $175,000 | |
| Listed by Johnson Bayside Real Estate | |||
| | |||
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Welcome to GREENTREE ESTATES a 55+ community. Spacious open floor plan with a large gathering room, 2 bedrooms, main bath with walk in shower, guest room at the opposite end of the home allowing for privacy with your own 1/2 bath. A convenient kitchen island awaits your creative culinary skills. Bonus of a large glassed sun room , new carpeting, laminate flooring and mini splits for heat and air conditioning. Monthly park fee of $540 includes water, septic, curbside trash removal, land taxes, license fee and snow removal of the common roadways. ONE SMALL DOG WITH BREED RESTRICTION ALLOWED.
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| Jul 31, 2024 | No longer available | - | |
| No longer available | |||
| Mar 22, 2024 | Price Decreased |
$189,500
↓ $5K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017