56 Dune Drive #56
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 12, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Compass Greater NY LLC | $1,049,000 | |
| Listed by Compass Greater NY LLC | |||
| | |||
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Exquisite 2 Bedroom, 3.5 bath plus office condo with breathtaking water views, now available in the prestigious Maidstone Landing waterfront community. This stunning residence boasts floor-to-ceiling windows that flood the space with natural light, complementing the elegant hardwood floors throughout. Indulge in the luxurious amenities offered by this exclusive community, including a private beach, large pond, tennis and pickle ball courts, gym, and a sparkling pool, all just steps from your door. The property also features a spacious two-car garage and a full basement, providing ample space for both storage and leisure. Experience the epitome of waterfront luxury living on the North Fork of Long Island in this exceptional residence, where every detail has been meticulously crafted to offer the finest in coastal elegance.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/14/2024
|
2 Bed
|
4 Bath
|
-
|
$1,049,000
2 Bed
4 Bath
|
$999,999
-4.67%
11/12/2024
|
Bridget Terry
Compass
| |
|
04/23/2018
| |
3 Bed
|
3 Bath
|
-
|
$659,000
3 Bed
3 Bath
|
$650,000
-1.37%
09/05/2018
|
Thomas E. McCloskey
Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017