1 Prides 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 |
|---|---|---|---|
| Mar 1, 2019 | Sold | ||
| Sold | |||
| Nov 26, 2018 | Listed by Coldwell Banker Realty - Gloucester | $1,950,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
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One of the more architecturally significant homes in Rockport, this luxurious and spacious contemporary commands a high perch off Granite Street in an area of homes that seldom come to market, offering spectacular unobstructed views of the harbor, Granite Pier and the Atlantic Ocean. “View Point", as it is aptly called, affords beauty, serenity, seclusion, and magnificent views on all of Cape Ann. With its strategic placement, nearly every one of its ten rooms brings unobstructed vistas. This is a home built for contemplative retreat or generous entertaining, for soft summer evenings spilling out to the expansive decks. Accented by classic architectural elements such as 3'' bluestone floors and custom woodwork, the home offers a contemporary interior with its open and flowing floor plan, high ceilings, and boundless living and dining areas with walls of glass. The house is a third of a mile from the center of Rockport and its world class amenities, including the renowned Shalin Liu.
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| Oct 18, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Price Decreased |
$1,999,000
↓ $500K
(20%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017