7 Olde Hamlet 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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Jan 6, 2024 | Listed by Douglas Elliman Real Estate | $1,839,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to the Danforth Ranch Estate home, a luxurious haven located within the confines of this prestigious gated community in the Hamlet Estates at Jericho. Originally crafted as the builder's showcase model, this beautiful and sleek residence exemplifies upscale living. Step into this professionally-designed sprawling ranch which features a spacious eat-in kitchen with open concept to den/great room. The beautifully designed layout features a luxurious primary ensuite with customized closets, 1-2 bedrooms (or possible office), and full bathroom. There is an additional ensuite bedroom. Use the elevator to descend to the lower level, where possibilities abound in the expansive and versatile unfinished 9' basement. What sets this home apart is the unique outside exit from the basement, providing a connection to the outdoors...not found in any other ranch within the community. Indulge in the allure of modern elegance and timeless design as you make this Danforth Ranch Estate your own.
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| Dec 27, 2023 | Listed by Douglas Elliman Real Estate | $1,839,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jul 17, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017