107 Phillips Ave
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 2, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $579,000 | |
| Listed | |||
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Located in the highly desired "The Avenues" neighborhood adjacent to the Halibut Point State Park. The neighborhood is home the Andrews Woods Trails and the Atlantic Path, an ocean front walking path with majestic views of the Atlantic Ocean.This home is a wonderful colonial that captures the historic and natural beauty of this amazing town. Situated on a one acre lot, the home has a stone staircase and retaining wall. Upon entering this home is a 27' Living Room with hardwood floors and access to the rear deck that overlooks the private backyard with plenty of room for BBQ's galore. The Kitchen, featuring an open concept to the Dining area, makes this a fun house to entertain and to enjoy the company of friends. The home has 3 Bedrooms plus a Den/Nursery and a Yoga/exercise room. The full bath has been redone with ceramic tile flooring and a vanity with granite counters. An unfinished basement offers room to grow and the attic has ample storage.Walk to Halibut Point or The Emerson InnThe manager has listed the unit size as 1824 square feet.
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| Jun 1, 2017 | Listed by RE/MAX Leading Edge | $559,000 | |
| Listed by RE/MAX Leading Edge | |||
| Jul 15, 2003 | Sold | ||
| Sold | |||
| Feb 26, 2003 | Listed by RE/MAX Leading Edge | $535,000 | |
| Listed by RE/MAX Leading Edge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017