8F Hideaway Road #8F
About This Property
The manager has listed the unit size as 494 square feet.
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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 |
|---|---|---|---|
| Dec 17, 2019 | Sold | ||
| Sold | |||
| Sep 8, 2019 | Listed | $194,900 | |
| Listed | |||
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AWESOME WATER VIEW!! This is one of the newest, built in 2009. Lives like a lighthouse with basement, main floor and sleeping loft at top, plus a good-sized deck. Views to the Bay, instant access to the beach! Not in flood zone! This owner loves Cape cottage decor and created a first floor BR and recently expanded space in the sleeping loft. Sleeping loft provides additional sleeping area, and is used as master by current owner, as views are spectacular! Basement has egress door could be finished as living space. Hideaway Village offers deeded rights to the beach at the top of Buttermilk Bay. This means ample boating and clamming as well. Set off in your kayak from the beach, or take your power boat over to the Town Landing. You will find plenty of play space at the playground, too. Love to ramble in the nearby conservation area, visit local restaurants, go to Water Wizz? All nearby. And NO bridges! Come check it out!
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| May 2, 2019 | No longer available | - | |
| No longer available | |||
| Apr 27, 2019 | Price Decreased |
$195,000
↓ $5K
(2.5%) | |
| Price Decreased | |||
| Mar 28, 2019 | Listed | $200,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/28/2019
|
1 Bed
|
1 Bath
|
494 ft²
|
$200,000
1 Bed
1 Bath
494 ft²
|
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Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017