88 Phyllis Lane
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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 |
|---|---|---|---|
| Apr 6, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed by Century 21 Action Plus Realty | $569,900 | |
| Listed by Century 21 Action Plus Realty | |||
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Welcome to your new Beach Haven West Happy Place! This special property is blessed with an oversized backyard on approximately 100 feet of waterfront footage (pool, anyone?)! This adorable move-in ready home also sits on high ground elevation and did NOT receive any interior flood damage from Sandy. Have the best of both worlds - high elevation home with very few stairs! The property is also only minutes away from the open bay by boat with NO bridges to undergo, sits on the end of a quiet cul-de-sac, and on the ''T'' of the lagoon with the best water views. The backyard here is best suited for relaxing and entertaining with the large deck, set-in hot tub, outdoor bar and oversized outdoor shower. Don't delay another day - submit your offer on this special property today!
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| Dec 7, 2012 | Sold | ||
| Sold | |||
| Aug 16, 2012 | Listed by Greater Coastal Realty, inc. | $399,900 | |
| Listed by Greater Coastal Realty, inc. | |||
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This is a newer home located on a desireable cul de sac with a large backyard extending out onto an intersecting lagoon. The home features 4 large bedrooms, 2.5 baths, central air, granite counter, outside shower and large storage shed. This is a must see. Move in condition. The combination of the home and location makes this property unique. 100 feet of waterfront. Owners motivated.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017