583 Princeton Avenue
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 |
|---|---|---|---|
| Jun 5, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $5,499,000 | |
| Listed | |||
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The gated entrance welcomes you to this exquisite custom home offering 17,000+ sq.ft. of waterfront luxury living! Inspired by the Italian Countryside, this estate brings a classic European aesthetic to the shores of the Metedeconk River! With over 150 ft of river frontage, the panoramic views are spectacular. In addition to the beautiful grounds, the exterior boasts multi-tiered balconies overlooking the heated pool w/waterfall, hot tub and 100 ft. dock. The home's alluring interior offers 7 bedrooms, 11 full & 2 half baths, a grand foyer, formal living room w/ Cherry floors, imported marble columns, gourmet kitchen, family room, mahogany library, 2 bars, formal dining rm, game rm, theatre, gym, sauna, wine room and a spacious apartment for guests/staff. Property has Riparian grant. The manager has listed the unit size as 17000 square feet.
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| Aug 17, 2017 | Listed by Childers Sotheby's Intl Realty | $4,999,000 | |
| Listed by Childers Sotheby's Intl Realty | |||
| Jul 29, 2017 | Listed | $5,999,000 | |
| Listed | |||
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Privacy Abounds! Exquisite Custom home situated on 1.4-acre gated riverfront estate. This spectacular property boasts 250 ft. of river frontage, 3 docks & panoramic views of the Metedeconk River. Majestic home offers 17,000+ sq. ft. of luxury living! Interior includes 7 bedrooms, 11 full & 2 half bths, living rm, gourmet kitchen, family rm, library with fireplace, 2 bars, formal dining rm, game rm, theater, gym w/ sauna, wine room in addition to a separate apartment for guests or staff above the 4 car garage. The pool and multi-tiered balconies overlooking the Metedeconk River are ideal for entertaining family & friends. Two Separately Deeded Riverfront lots are included with this magnificent property. PRICED BELOW ASSESSED VALUE!!!The manager has listed the unit size as 17000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017