659 Rock Cut 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 |
|---|---|---|---|
| Apr 9, 2024 | Sold | ||
| Sold | |||
| Jan 2, 2024 | In contract | - | |
| In contract | |||
| Aug 18, 2023 | Listed by RE/MAX Benchmark Realty Group | $529,000 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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Custom built Mediterranean with grand entry way with high ceilings on almost an acre of flat property. House was built from a Florida floor plan the owners saw while vacationing. Enter through the custom double door entrance way into the grand foyer which leads in the living room with tray ceiling and fireplace, The large kitchen with Tourette ceiling is open to the dinette area and family room and backs to the dining room that can sit 12 or more. The master with hardwood floors is large enough for a king size bed and sitting area and has two walk-in closets & on-suite master bath with jacuzzi tub, shower, double sinks and bidet. Two other large bedrooms with hardwood floors. No detail was spared with their vision! All travertine tile & hardwood floors throughout. The home sits on a 4 home cul-de-sac & has a huge 2 car, large driveway, covered front and rear porches & tons of natural light. Priced according to work necessary. Sold As-IS.
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| Aug 15, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 31, 2023 | Price Decreased |
$595,900
↓ $4K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017