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93 Myrtle Drive
About This Property
The main level features a large eat-in kitchen with a center island and high-end appliances. Completing this level is a formal dining room, a living room with a fireplace, a tremendous den with custom built-ins, window seats, and a second fireplace, and a sunroom used as an office. The second floor boasts five bedrooms, including 2 primary suites with ensuites, a third large bedroom with an ensuite, and 2 additional bedrooms and a bath. Off the kitchen is a multi-level deck overlooking a large rear yard. A two-car garage and an unfinished walkout basement complete the home. Located in the sought-after Village of Great Neck Estates, with Private Police, a waterfront park with a swimming pool, Indoor/Outdoor Tennis, a playground, and summer camp! Close to Middle Neck Road and a short stroll to the Long Island Rail Road!
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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.
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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 |
|---|---|---|---|
| Oct 16, 2026 | In contract | - | |
| In contract | |||
| Sep 30, 2026 | Listed by Keller Williams Rty Gold Coast | $2,500,000 | |
| Listed by Keller Williams Rty Gold Coast | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017