68 Grandview Drive
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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Price Decreased |
$899,950
↓ $40K
(4.3%) | |
| Price Decreased | |||
| Mar 20, 2024 | Listed by Taihee Kim | $940,000 | |
| Listed by Taihee Kim | |||
| | |||
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LOCATION, LOCATION, LOCATION!!! This unique contemporary waterfront home offers breathtaking views of the Great South Bay/Bellport Bay. As soon as you enter this home you are greeted by the amazing view of the beach and bay. This view is seen throughout the home. The open floor plan with hardwood floors, large eat in kitchen with granite countertops, large island, dining room, living room with fireplace with 2 sliding glass doors leading to a deck steps away from the beach and bay, optimal for entertaining while enjoying the spectacular views! The first floor has a full bath and two additional room that can used as bedrooms or office and/or additional family/entertainment room. The second floor has the master bedroom with a rooftop deck overlooking the bay and access to a 3rd floor bonus room that can be a gym/office or extra living space etc... The second floor also has 2 additional bedrooms both with stairs to a loft. Located less than 2 miles to Smith Point Beach, walking distance to Shirley Park/Beach. Own your own piece of paradise! You, your family and guests will be mesmerized by the views upon entrance into this home. This home won't last! Come see for yourself! OWNER WILL CONSIDER OWNER FINANCING WITH $400,000.00 DOWN.
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| Feb 1, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017