57 Salt Box Lane
About This Property
The home boasts coastal elegance with the reclaimed floors and shiplap walls and pecky cypress beams line the tall ceilings of the stately home. As you enter the chef's kitchen a suite of professional-grade appliances includes a six-burner Thermador gas stove, steam and warming oven. An oversized farmhouse style sink, natural quartzite countertops sit atop the custom cabinetry, defining the perfect atmosphere for family dinners. A wet bar just off the kitchen sets the mood for a cocktail hour in the open concept living room around the gas fireplace,
The first-floor master suites make luxury paramount, with a custom tile ensuite, walk-in shower, and lounging tub. An expansive laundry room allows ample room for folding clothes and additional storage. The second-floor master has an ensuite and private balcony. Two additional bedrooms await guests or family on the second level, just off the upper sitting or reading area. The office space could easily be converted to a bunk room for additional sleeping room.
The first floor opens to a spacious seating area and outdoor kitchen surrounded by a private backyard space with room for an in-ground pool to be installed. A heated & cooled one car garage & storage area complete the exterior of the home.
Life at WaterSound Beach affords limitless possibilities for activities, a simple afternoon of taking the 4-seater golf cart and lounging at the WaterSound Beach Club or a day on the greens at the t-box. Live every day like a vacation!
Additional upgrades to the home include: Rannai Tankless Water Heater, Whole-House and Outdoor Audio System, Generator, Whole House Security System.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | No longer available | - | |
| No longer available | |||
| Jul 14, 2021 | Listed by Corcoran Reverie SRB | $3,350,000 | |
| Listed by Corcoran Reverie SRB | |||
| May 16, 2019 | Sold | ||
| Sold | |||
| Nov 15, 2018 | Listed by Corcoran Reverie SRB | $1,875,000 | |
| Listed by Corcoran Reverie SRB | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017