1029 Vineyard Drive SE
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | Listed by Mark Spain Real Estate | $340,000 | |
| Listed by Mark Spain Real Estate | |||
| | |||
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Introducing a beautiful ranch-style home nestled in Martha's Vineyard. This serene haven boasts a well-lit 3-bedroom, 2-bath layout on the upper level. The main floor is adorned with timeless hardwood flooring, creating an inviting and warm atmosphere.
The home's lower level presents a fully finished basement, complete with an additional bedroom and bathroom. This versatile space also includes a functional laundry room, a private office, and a substantial storage area, offering exceptional convenience for your household needs.
In terms of outdoor living, a captivating sunroom has been meticulously finished to provide a tranquil space for relaxation or entertaining. The house also features a spacious 2-car garage, offering plenty of storage and protection for your vehicles.
The property spans a generous 1.38 acres, allowing ample room for outdoor activities or future expansions. It's accentuated by a relatively new, architecturally shingled roof, adding both beauty and durability to the home.
Located in a prime area, this residence not only delivers an extraordinary living experience but also places you close to the area's most coveted amenities. Don't miss the opportunity to call this exclusive ranch-style residence your home.
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| Nov 20, 2023 | No longer available | - | |
| No longer available | |||
| Oct 27, 2023 | Price Decreased |
$399,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Oct 7, 2023 | Relisted | $409,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017