1 Sunset Drive
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 |
|---|---|---|---|
| Aug 12, 2020 | Sold | ||
| Sold | |||
| May 27, 2020 | Listed by Leading Edge Real Estate | $569,000 | |
| Listed by Leading Edge Real Estate | |||
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Stunning vaulted kitchen, dining, living area with the perfect home office space, plus a large covered porch looking out to private yard. Master Suite, with 2nd BR and bath, large mudroom, plenty of closet space throughout. Beautiful, private setting situated on over 1/2 acre, with landscaped yard, stone walls, and new driveway. Other features include southern yellow pine floors, all new windows (Pella) and doors, new oversized single car garage, new low maintenance Certainteed siding, smart features including - Ring, Nest, Sonos, Smarthome lighting. Closed cell spray foam, central air, and all new systems including 200 amp underground electrical. All new wiring and plumbing, new water service from street, new Bosch high efficiency heat pump system. 3 bedroom septic installed in 2018. Convenient location 2 miles from downtown Ipswich and 1.5 miles to commuter rail. A short drive to Crane beach, Appleton Farm, Ipswich Ale Brewery, Willowdale State Forest, yoga, restaurants and shops.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017