85 Belvedere 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.
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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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Apr 15, 2024 | Listed by Compass Greater NY LLC | $2,999,000 | |
| Listed by Compass Greater NY LLC | |||
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Discover exquisite modern tranquility and luxury in this exceptional North Syosset home. This architectural masterpiece was completely reimagined by Matthew Bremer of Architecture in Formation in New York, with a lush mature 2 acre gardens by New Zealand landscape architect Craig Pocock and pool by renowned landscape architect Armand Benedek. An earlier primary suite addition by the late Andrew Geller, famous for his whimsical beach houses on Fire Island and the east end, was also restored and updated recently by Bremer. The residence features 4 bedrooms and 4 baths, with a modern, inviting design, situated on a sprawling two-acre property with pool. The open, light-filled living and dining room showcases cathedral ceilings and floor-to-ceiling windows that seamlessly connect indoor and outdoor living and serve as the perfect backdrop for your art collection. The heart of the home is the chef's kitchen, complete with an oversized marble island , custom mahogany cabinetry, large Viking, Subzero and Miele appliances, and walk-in pantry. First-floor primary suite is a luxurious retreat with a gas fireplace, dressing room, walk-in closet, and newly renovated bath, offering the ultimate in comfort and privacy. Three additional bedrooms with one ensuite and hall bath complete the main level. The walk-out lower level presents over 1500 sq ft of additional space for living, work and play. Car enthusiasts will love the heated 4 car garage, equipped for electric car charging. The home has all-gas systems, a full house generator, and radiant heated floors. Close proximity to schools, shopping and town. Award winning Syosset School District.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017