59 N Side Road
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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by Coldwell Banker M&D Good Life | $599,999 | |
| Listed by Coldwell Banker M&D Good Life | |||
| | |||
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Farm Ranch situated neatly on a gently sloping property - a 5 minute walk to the beach, features Anderson Windows, Buderus Logan G215 boiler, owned solar panels, 3 generously sized bedrooms, 2 full baths, 2 fireplaces, hardwood floors, a full, ready to finish 1500 sq. ft walkout basement with high ceiling and fireplace and in ground sprinklers. Finished attic space, with hardwood floors. New fully permitted 500 sq ft trex deck. Whole house carbon water filter system, electrical transfer switch for generator. Sub basement with boiler, electric and work shop. This home is solidly built and has been lovingly maintained. Enjoy close proximity to North Shore Beaches, restaurants and the beautiful scenery that Long Island's North Shore Beach communities are known for!
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| Oct 6, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017