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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 |
|---|---|---|---|
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Aug 1, 2025 | Listed by Anne Erwin Sothebys International Rlty | $4,950,000 | |
| Listed by Anne Erwin Sothebys International Rlty | |||
| Nov 20, 2021 | No longer available | - | |
| No longer available | |||
| Nov 16, 2021 | Listed by Legacy Properties Sotheby's International Realty | $1,900,000 | |
| Listed by Legacy Properties Sotheby's International Realty | |||
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What a location! This peaceful Cape Neddick location on a quiet side road is perfect for summer use or all year long. Bring your builder and your building plans and start fresh on this one-third acre lot at ocean's edge. Enjoy panoramic ocean views you'll never want to leave or fish from the rocks in front of your house or stroll to the pebbly beach nearby. Close to sandy Cape Neddick Beach and only about 6 miles to Ogunquit or 14 miles to Portsmouth, NH.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017