89 Post Island Road
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%.
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 |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by William Raveis R.E. & Home Services | $619,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Immerse yourself in the coastal lifestyle with this meticulously renovated two-bedroom bungalow, just a stone's throw away from the beach. Step inside to discover a harmonious blend of classic beach cottage aesthetics and contemporary finishes. An abundance of natural light spans each room on bright sunny days. Both bedrooms are spacious and well-appointed, ensuring both style and practicality. The primary suite includes a home office and walk-in closet. Outside, your own private outdoor oasis awaits. Step onto the expansive deck surrounded by a fenced yard and enjoy the perfect setting for al fresco dining, entertaining guests, or simply soaking up the sun. With the sound of the waves in the distance, it's a serene escape from the hustle and bustle of everyday life. For a small annual (optional)fee you can join in on neighborhood events and take advantage of the private beach. Mooring rights are included. The home has high efficiency utilities and solar panels. Don't miss out!
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| Jan 19, 2021 | Sold | ||
| Sold | |||
| Nov 4, 2020 | Listed by William Raveis R.E. & Home Services | $399,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017