0 Point Rd L:27
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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | Listed by Conway - Mattapoisett | $260,000 | |
| Listed by Conway - Mattapoisett | |||
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Welcome to the seaside town of Marion, offering beautiful town beaches, boating, golf, quaint Village center, easy access to highway and all amenities. Attention: builders, developers, solar companies and private buyers - This unique 11+ acre lot is located off of Point Road abutting the Rivers Edge/Bullivant Farm development. This private treed parcel has been designated RES LAND by the town, Vision ID 889. and plans have been drawn by a local civil engineering firm showing a possible house lot. The lot contains woodland, overgrown developed bog, a man-made spring fed pond approx. 1/4 acre and underground sprinklers. Owner has a great deal of information on the lot's past use, topography, and it's history. Town water and sewer might be accessed from the street or private water/septic is an option. Lot is being sold "as is". Buyers and Buyer Agents to do their own due diligence. Past taxes are due to the town and can be negotiated between Seller and Buyer.
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| Jul 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 30, 2024 | Listed by Conway - Mattapoisett | $260,000 | |
| Listed by Conway - Mattapoisett | |||
| | |||
|
Welcome to the seaside town of Marion, offering beautiful town beaches, boating, golf, quaint Village center, easy access to highway and all amenities. Attention: builders, developers, solar companies and private buyers - This unique 11+ acre lot is located off of Point Road abutting the Rivers Edge/Bullivant Farm development. This private treed parcel has been designated RES LAND by the town, Vision ID 889. and plans have been drawn by a local civil engineering firm showing a possible house lot. The lot contains woodland, overgrown developed bog, a man-made spring fed pond approx. 1/4 acre and underground sprinklers. Owner has a great deal of information on the lot's past use, topography, and it's history. Town water and sewer might be accessed from the street or private water/septic is an option. Lot is being sold "as is". Buyers and Buyer Agents to do their own due diligence. Past taxes are due to the town and can be negotiated between Seller and Buyer.
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| Oct 4, 2023 | Relisted | $295,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017