84 Locust Drive
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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 |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | In contract | - | |
| In contract | |||
| Apr 2, 2024 | Listed by Coldwell Banker American Homes | $850,000 | |
| Listed by Coldwell Banker American Homes | |||
| | |||
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Welcome to this custom-built 3 bedroom, 2.5 bath Colonial. Nestled along the Nissequogue river, this stunning home boasts captivating water views from almost every room, offering a serene backdrop for daily life. Step inside to discover the updated kitchen with stainless steel appliances, quartz countertops, lots of cabinetry ~ perfect for culinary adventures, seamlessly blending style and functionality. Enjoy the deck off the kitchen where outdoor entertaining becomes effortless with a motorized retractable awning, allowing you to unwind while soaking in the breathtaking views. The open floor plan creates a sense of spaciousness, enhanced by an abundance of windows that flood the home with natural light and showcase the picturesque surroundings. Upstairs, a charming balcony awaits, featuring a large window overlooking the tranquil river. The large primary ensuite has a bath with a jacuzzi soaker tub, stall shower and a towel warmer. There are two additional sunlit bedrooms. The partially finished basement offers versatility, with space for an office or additional living area to suit your needs that leads to an oversized garage. This is more than just a home; it's a sanctuary where every day feels like a retreat. Private water access, a playground and beach area are included. Closely located to golfing, beaches, restaurants, shopping, as well as public transportation. Don't miss the opportunity to make this dream home yours - schedule a showing today and experience the beauty and tranquility for yourself.
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| May 3, 1995 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017