5697 Westphalia Road
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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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by Corcoran | $2,250,000 | |
| Listed by Corcoran | |||
| Aug 19, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 30, 2025 | Listed by Signature Premier Properties | $2,499,990 | |
| Listed by Signature Premier Properties | |||
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Own your piece of the ever-growing North Fork! A warm and inviting entrance of custom landscaping ranging from over 100 plantings and brand new sod draws you into a timeless new construction situated at the end of a private road, nestled on two acres of land. Clean lines and bold finishes command the 2x6 framed, cedar shingle lined farmhouse. Two primary suites. Three floors of living space. Screened in porch right off the poolside. Full finished basement with 9 foot ceilings and outside entrance. Gunite salt water, heated pool with a detached pool house. Outside shower. This house simply has it all. White oak 7 1/2 inch wide plank flooring. Custom kitchen with white Carrara marble countertops, farm sink and thermador appliances. Anderson 400 series windows. Two fireplaces. Vaulted spaces. Thoughtful design and privacy like you haven't seen before. Close to beaches, wineries, farms and everything the North Fork has to offer. There's nothing like brand new! Since it's a new address, put neighbors address of 5779 Westphalia Mattituck and the house is next door. Won't show up on google maps otherwise.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017