900 N View Drive
About This Property
A great room with soaring ceilings and a wood-burning fireplace anchors the main level, flowing seamlessly into the kitchen and adjacent dining area-ideal for entertaining. The eastern wing features an en-suite bedroom, well-positioned as a quiet respite for guests. Upstairs, the primary suite includes an en-suite bath and a separate office providing additional flexible space.
The expansive grounds offer ample room for a pool or future expansion and are home to a diverse array of birdlife and native plantings, enhancing the tranquility of this coastal retreat. Across the rolling lawn is access to a private beach for sunsets, swims, and picnic dinners. Ideally located minutes from Orient and Greenport Villages and the Cross Sound Ferry to New England, this is a rare opportunity to own a thoughtfully designed modern home in one of the North Fork's most desirable settings.
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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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About Orient
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017