1 Old Pilgrim Trl
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 |
|---|---|---|---|
| Sep 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 29, 2026 | Listed by Keller Williams Realty | $700,000 | |
| Listed by Keller Williams Realty | |||
| Apr 21, 2026 | Listed by Keller Williams Realty | $750,000 | |
| Listed by Keller Williams Realty | |||
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Rare development opportunity on 5.44 acres in desirable Marshfield location. This expansive parcel offers concept plans for a potential subdivision, presenting strong upside for builders, developers, or investors. Preliminary layouts indicate the possibility of multiple lots (subject to town approvals), with options ranging from ANR to full subdivision depending on roadway improvements and permitting. The property features generous frontage, natural landscape, and proximity to existing utilities. Conveniently located near area amenities, beaches, and commuter routes while still offering a private, tucked-away setting. Buyers to perform their own due diligence regarding engineering, zoning, and approvals. A unique chance to unlock value and create a thoughtfully designed residential community.
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| Nov 20, 2024 | No longer available | - | |
| No longer available | |||
| Aug 25, 2024 | Listed by Keller Williams Realty Evolution | $730,000 | |
| Listed by Keller Williams Realty Evolution | |||
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1 Old Pilgrim Trail is a 5.44-acre property in Marshfield near the Duxbury town line bordering conservation land and hiking trails. This 5.44 acre lot consists entirely of upland and has sufficient land area and frontage to support the creation of 5 - 1+ acre building lots potentially through the Approval Not Required plan process with road improvements, as a simplified alternative to a definitive subdivision. Historical public records reveal that the property abuts the ancient county road known as Pilgrim Trail that was laid out in 1637 as the main public road from Plymouth to Marshfield. The portion of Pilgrim Trail abutting the property to the west was recognized/reestablished during subdivision proceedings in 1975 and pursuant to the 1637 layout, is shown as a 40 ft public right-of-way easement that follows the boundary of the property providing 969.61 ft of frontage and access. Due diligence package available upon request.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017