908 Suffolk Street
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by Re/Max Pines by the Sea | $1,100,000 | |
| Listed by Re/Max Pines by the Sea | |||
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This Happy Hill Retreat offers an enchanting escape with a licensed vacation rental, nestled among towering trees with stunning views of the Pacific Ocean. This multi-level home showcases distinctive architecture and captivating redwood siding, seamlessly blending with the natural surroundings. Inside, the unique use of wood on the walls and ceilings creates an inviting ambiance, echoing the rugged beauty of Big Sur without the remoteness. A detached room offers flexible space, ideal for an office, meditation area, or exercise room. The fenced property, perfect for pets, features several outdoor seating areas across different levels, providing serene spots to connect with nature. Inside, the main house includes two bedrooms, two bathrooms, and a kitchen, all adorned with a rustic Big Sur-inspired design. Guests can unwind by the freestanding wood-burning fireplace, surrounded by the peace and beauty of this hillside haven.
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| Mar 19, 2019 | Sold | ||
| Sold | |||
| Jan 11, 2019 | Listed by Coldwell Banker Kellie & Assoc | $799,000 | |
| Listed by Coldwell Banker Kellie & Assoc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017