94 Lippincott Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | Listed by Keller Williams Success Realty | $899,999 | |
| Listed by Keller Williams Success Realty | |||
| | |||
|
"The Roxana," an iconic Queen Anne Victorian home on 2.37 acres on Mineola Bay with breathtaking water views. Built in 1893, it is a true masterpiece of architectural design and craftsmanship This house is a perfect fit for those looking to start their own Airbnb business, host weddings or events in their small boutique hotel. The interior of the home is just as impressive as the exterior, with stunning hardwood floors throughout, 10' ceilings, and cove moldings that showcase the home's unique character. The three fireplaces create a warm and inviting ambiance, perfect for cozy winter nights. One of the most remarkable features of "The Roxana" is the incredible woodwork, including staircases, banisters, columns, doors, and trim. The inlaid wood floors and detailed woodwork showcase the home's rich history and add to its charm and elegance. The gracious wraparound covered veranda, overlooking the Bay, is perfect for your guests to enjoy their morning coffee or watching the sunset over the water. "The Roxana" also features a three-car heated garage, ensuring that your vehicles are protected from the elements. The home is zoned B-4 Resort Business, allowing for commercial use, and it features three separate efficiency apartments, perfect for additional income or for hosting guests. Additionally, the property is approved for future development, making it an excellent investment opportunity for those looking to expand their business. Don't miss out on this incredible opportunity to make your dreams come true!
| |||
| Oct 8, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by Keller Williams Success Realty | $970,000 | |
| Listed by Keller Williams Success Realty | |||
| Sep 20, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017