62 Monterey Drive
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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 |
|---|---|---|---|
| Oct 13, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $849,000 | |
| Listed | |||
| | |||
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Greet each day with spectacular sunrises and coffee! This Hi-Ranch with 4 plus bedrooms and 3.5 bath in one of the most desired Manhasset Hills neighborhoods, part of the top rated Herricks school district. This is the perfect mid-block location insulated within Suburban Woods. A spacious sun filled living room with hardwood floors and a fireplace sets the stage for effortless entertaining. The easy flow allows for modern living at it's best. Enjoy all the convenience of this prime location; close to Tully Park with an indoor pool, tennis courts, basketball court and many other activities. Minutes from world class shopping at the Americana, Manhasset.The manager has listed the unit size as 2200 square feet.
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| Apr 12, 2017 | Listed by Keller Williams Rty Gold Coast | $849,000 | |
| Listed by Keller Williams Rty Gold Coast | |||
| Jul 21, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017