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$196,000
● House - Off Market

0 Gumpus Pond

bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,372 Ft²
$347,429
RealtyHop Estimate
73.80%
Since Oct 1, 2005
National-US
Primary Model

About This Property

Exceptional seasonal cottage totally renovated in 1996.  Located on a peninsula with over 500' frontage on Gumpus Pond.  Propane fireplace, stove and refrigerator.  Generator for electricity.  Tiered deck.  Fully furnished and shows incredibly!  Fishing, boating and swimming allowed.
Unit Size
1,372 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$146
Property Type
House
Property Taxes
$85
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 years ago (MLSPIN #70188836)

Price History

Date / Event Date Event Price
Sep 15, 2005 Sold
Premium
Sold
May 10, 2005 Listed by LAER Realty Partners $199,900
Listed by LAER Realty Partners

Property Highlights

Fireplace
Interior Details
Level: First
Width: 20
Length: 15
Features: Cathedral Ceiling(s), Ceiling Fan(s)
Area: 300
Level: First
Width: 17
Length: 13
Area: 221
Length: 18
Level: First
Area: 360
Features: Cathedral Ceiling(s), Ceiling Fan(s)
Width: 20
Length: 8
Level: First
Width: 18
Area: 144
Level: First
Length: 15
Width: 17
Area: 255
Features: No
Full Bathrooms: 1
Appliances: Range, Oven, Microwave, Refrigerator, Water Heater, Utility Connections for Gas Range
Flooring Type: Vinyl, Carpet
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.75
Lot Size Units: Acres
Lot Size Acres: 0.75
Zoning: SFR WATER
Water Source: Other
Financial Details
Tax Assessed Value: $34,100
Tax Annual Amount: $1,018
Utilities Details
Utilities: for Gas Range
Cooling Type: None
Heating Type: Propane
Sewer : Other, Other (See Remarks)

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70188836
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