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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 |
|---|---|---|---|
| Dec 14, 2018 | Sold | ||
| Sold | |||
| Oct 20, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed | $699,999 | |
| Listed | |||
| | |||
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MOVE IN READY in super desirable Rockport location. Spacious Colonial on a quiet cul-de-sac. Enjoy the Great Room with cathedral ceilings, fireplace and french doors leading out to a private garden sitting area. This home has a modern kitchen w/ granite counters, center island and stainless steel appliances with access to dining and living room. Upstairs features a Master suite with updated bath plus 3 more generous sized bedrooms and additional full bath. The third floor private office/den. This spacious home has central air and custom-made plantation shutters, stunning crown moulding and gleaming hardwood floors throughout. Professionally landscaped and overlooks private wetlands with nature abounds ensuring nothing will ever be built. Solar panels will keep your electric bills to a minimum. Pack your beach bag to stroll to Front Beach Minutes away is Rockport Village, Shalin Liu, art culture, train and take in the coastal charm. The manager has listed the unit size as 3090 square feet.
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| Aug 2, 2018 | Listed by Keller Williams Realty Evolution | $699,999 | |
| Listed by Keller Williams Realty Evolution | |||
| Dec 2, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017