59 Eden Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 19, 2020 | Sold | ||
| Sold | |||
| May 24, 2019 | No longer available | - | |
| No longer available | |||
| Oct 7, 2018 | Price Increased |
$880,000
↑ $70K
(8.6%) | |
| Price Increased | |||
| Jun 20, 2018 | Listed by Compass | $810,000 | |
| Listed by Compass | |||
| | |||
|
Commanding a paradisiacal location on coveted Eden Road, this-sun-dappled and delightful cottage the Glenellen, one of two sister cottages, offers unbroken views across picturesque Loblolly Cove to its famous brethren, the Twin Lights of Thatcher Island. The light-filled interior features weathered hardwood floors that accent picture windows framing endless ocean vistas, with a classic front porch for soaking in the view and summer breeze, surrounded by rambling lawns, gardens and patio, all with stunning ocean backdrop. Honoring its turn-of-the century origin, when seaside cottages were built sturdily to withstand the rigors of their maritime setting and maximize the pleasures of coastal living, this lovely cottage in its 5th generation of ownership oozes character, comfort and staying power with three bedrooms, two full bath, fireplaced living room, and 1200 s.f. of living space on a third of an acre. Its sister cottage the Elmador located at 61 Eden Rd is also for sale.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017