8 Gresh Circle #E
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%.
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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 18, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by Plymouth Sails Realty, LLC | $1,499,000 | |
| Listed by Plymouth Sails Realty, LLC | |||
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Amazing waterview association beach access home with too many single family features to ignore! (Home is stand alone Condo) located in a Seaside Community with Views from every floor out to Buttermilk Bay. Enjoy a day at the beach every day and the sights and sounds year round from over the large wrap-around porch! Welcoming front porch leads to a grand foyer with high ceilings and a beautiful stairway. The list of updates includes extensive interior and exterior work-amazing kitchens, bathrooms, windows, porches. All of the classic period details have been refinished as well, offering hardwood floors, high ceilings and bright and sunny rooms. Main home is 4 bedrooms 2 full baths 1 half bath 1st floor laundry. 2nd level includes separate living quarters which boasts a bedroom living room kitchen and full bath- all equally renovated. If you are looking for life close to the beach, this is one not to miss! Marble bathrooms & kitchens 5 fireplaces! Walk up attic? Storage in the bsmt.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/01/2024
|
5 Bed
|
4 Bath
|
3440 ft²
|
$1,499,000
5 Bed
4 Bath
3440 ft²
|
$1,290,000
-13.94%
03/18/2024
|
Adrienne White
Plymouth Sails Realty, LLC
| |
|
08/11/2021
| |
5 Bed
|
4 Bath
|
3440 ft²
|
$680,000
5 Bed
4 Bath
3440 ft²
|
$680,000
09/22/2021
|
Team Realty Ventures
546 Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017