1 Dexter Lane
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 |
|---|---|---|---|
| Jun 7, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | In contract | - | |
| In contract | |||
| Apr 26, 2022 | Listed by LandVest, Inc., Manchester -by-the-Sea | $3,995,000 | |
| Listed by LandVest, Inc., Manchester -by-the-Sea | |||
| Aug 10, 2021 | No longer available | - | |
| No longer available | |||
| Mar 1, 2021 | Listed by Engel & Volkers By The Sea | $4,995,000 | |
| Listed by Engel & Volkers By The Sea | |||
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Elegant manor sited on over 5+ acres of immaculate grounds with undulating lawns and lavish perennial gardens. Stately brick exterior has the style and construction of a European estate with grand spaces, lofty ceilings, intricate architectural details, gilded hardware, 3 kitchens and 13 fireplaces, each with a gorgeous original surround. Many expected updates that accommodate the needs of a sophisticated buyer. At a time when personal space is coveted most of all, this private sanctuary includes an entire wing with it's own entryway. The 3rd floor offers a spacious home office with views to the Boston skyline, a conference room, full eat-in kitchen & guest quarters while the lower level offers a wine cellar, media, billiards and workout rooms. Grand yet intimate, this residence is a perfect blend of timeless character and unrivaled luxury. Located on the top of Long Hill in Manchester by-the-sea, this property is surrounded by conservation land and miles of walking trails. The manager has listed the unit size as 17807 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017