1039 Route 28
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, 2023 | Sold | ||
| Sold | |||
| Feb 4, 2023 | In contract | - | |
| In contract | |||
| Jan 1, 2023 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $1,200,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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First Offering in 70 Years! Vintage, expansive Ranch-style home is nestled on nearly 10 acres of lovely wooded land south of Route 28, abutting the Red River & due west of the Chatham/Harwich line. Affording subdivision potential for 6+ home lots, the property is just minutes to beautiful Red River Beach on Nantucket Sound, Old Colony Rail Trail, village shops, restaurants, marinas and more. Single level floor plan offers spacious front-to-back living/dining room, enormous eat-in kitchen, main BR ensuite & 3 additional BRs with shared bath. Spacious family room connects 2-car garage with main house. Rear deck overlooks peaceful woodlands. Hardwood floors in most rooms, central AC, partial finish basement with workshop. Please: no access to property unless accompanied by listing agent. See also Land Listing description: MLS# 73067179.
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| Aug 30, 2022 | No longer available | - | |
| No longer available | |||
| Aug 27, 2022 | Price Decreased |
$1,000,000
↓ $500K
(33.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017