109 Lower County Rd
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 |
|---|---|---|---|
| Aug 6, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 4, 2025 | Price Decreased |
$365,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Apr 10, 2025 | Listed | $379,900 | |
| Listed | |||
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Dreaming of a Cape Cod cottage? This fully furnished seasonal retreat is the perfect place to relax and enjoy the beachside lifestyle. Whether you're looking for a weekend getaway or turnkey investment property, this charming cottage is the perfect choice. Just a short walk to Dennis beaches, ice cream, general store and some of the best restaurants on the Cape. Bursting w coastal charm, beautifully remodeled w open concept living room w/ futon, dining area, full kitchen. A spacious bedroom w queen bed and loft provide sleeping space w/ town approval for up to 4 overnight guests. French doors lead to private patio, perfect for sipping morning coffee or grilling after a day at the beach. An outdoor shower is ideal for rinsing salt and sand. Enjoy the comfort of a new mini-split providing efficient htg and a/c. Extra storage in shed and attic. This is not leased land! Open Apr thru Oct, don't miss your chance to own this charming seaside getaway, ready for you to enjoy all season long.
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| Jul 19, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Keller Williams Realty Signature Properties | $347,900 | |
| Listed by Keller Williams Realty Signature Properties | |||
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Super opportunity to purchase this adorable 1 bedroom co-op cottage just .3 mile to wonderful ocean beaches. Fully furnished and turn key, it's loaded with charm. There's a nice living room, full kitchen, dining table, big bedroom, a full bath and a cute loft. Newer private septic is certified. Beautiful bluestone patio, outside shower, new cedar siding, new flooring, and lots more. Property is rentable or enjoy yourself! Pets allowed for owners. The 5 shareholders pay $475 quarterly which covers all property taxes, insurance, plumbing, landscape and fence care. The larger 3 BR cottage at 1 Ocean Drive is owned by the Co-Op and is rented in season for $1495/wk. to help offset costs. Great value.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017