9 Circle Drive
About This Property
Inside, warm hardwood floors, custom moldings, generous bedroom closets, and inviting living spaces create an atmosphere that feels both elegant and welcoming. The updated granite kitchen provides a wonderful gathering space, while the wood-burning fireplace in the den adds warmth and charm. Complemented by a dedicated office and a flexible room that could potentially serve as a fifth bedroom. Outside, the expansive property offers plenty of room to enjoy the peaceful setting, with a two-car garage and loft area. LeafGuard gutters adding to the home's convenience and functionality.
The true appeal extends beyond the property itself. Shoreham Village residents enjoy private beach rights and a wonderful array of recreational amenities, including kayaking, clubhouse, tennis, pickleball, playground, and basketball court. Spend summer days by the water, enjoy an afternoon on the courts, or simply take in the beauty and tranquility of one of Long Island's most desirable North Shore communities. Close to wineries, shopping, restaurants and farm stands. A rare opportunity to enjoy space, character, and modern comfort in a truly special Shoreham Village setting-where the beauty of the North Shore becomes part of your everyday lifestyle. Additional Village taxes $2750
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017