61 Farrington 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 |
|---|---|---|---|
| Jul 9, 2013 | Sold | ||
| Sold | |||
| Apr 24, 2013 | Listed by The Higgins Group REALTORS® | $658,000 | |
| Listed by The Higgins Group REALTORS® | |||
| Jun 8, 2010 | Listed by J. Barrett & Company | $779,000 | |
| Listed by J. Barrett & Company | |||
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Ranch Style home located on a legal size lot on Eastern Point with waterviews and deeded access along a footpath to private Brace Cove Beach, Privacy , mature plantings, open grassy area, and water views to the beach and open ocean. Three bedroom single level home with hardwood floors , fireplace, cathedral ceilings and private patio. New gas heating system ,set up to take A/C. Use as it is for a getaway and enjoy living on Eastern Point, or rebuild new,, plenty of room on the site, and sewerav
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| Jun 13, 2003 | Sold | ||
| Sold | |||
| Mar 13, 2002 | Listed by J. Barrett & Company | $849,000 | |
| Listed by J. Barrett & Company | |||
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EASTERN POINT HOME OVERLOOKING BRACE COVE WITH PRIVATE FOOT PATH TO BEACH. EASY ONE FLOOR LIVING WITH ROOM FOR EXPANSION.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017