1 Webster Ave
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 9, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by Jack Conway Cape Cod - Sandwich | $499,900 | |
| Listed by Jack Conway Cape Cod - Sandwich | |||
| Nov 2, 2020 | No longer available | - | |
| No longer available | |||
| Apr 30, 2020 | Listed | $499,900 | |
| Listed | |||
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Sky is the limit on this developable assemblage in Sandwich Village with views of Cape Cod Bay from a new commercial building. The site is located just off Route 6A at the entrance to Sextant Hill professional office park (fully occupied). Perched on a hill, ocean views are visible from the driveway. 1.17 acre site, 229 feet of road frontage, town water, natural gas at the street, 5 bed septic installed in 2008. Current structure is a rented residential ranch with one care garage. Pictures shown are the land, existing ranch and surrounding office park buildings. Property has duel zoning, .66 acre Business Limited 1 and .51 acre Residential 1. The business zoned land can support a sizable new commercial building while the residential zoned land supports the overall project with coverage ratios, drainage, and potentially a large parking area. The village has become popular with professional services firms looking for easy access to the bridges to service on and off Cape clients. If you or your client want a custom building in a superior location with views of Cape Cod Bay this site must be seen. Ranch is occupied till Fall 2020, do not enter the property without an appointment. The manager has listed the unit size as 1330 square feet.
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| Feb 4, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017