11 Southeast Pass #29
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%.
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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.
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 |
|---|---|---|---|
| Jun 24, 2008 | Sold | ||
| Sold | |||
| Jun 16, 2007 | Listed by Bayswater Brokerage Massachusetts, LLC | $599,000 | |
| Listed by Bayswater Brokerage Massachusetts, LLC | |||
| | |||
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Under Construction - Fabulous townhouse condo located on second hole of the Dunes Course at New Seabury. 2 bedroom, 2.5 baths, 1 car garage, hardwood floors, kitchen with granite counters, screened in porch. Community swimming pool and Sports Membership at the Club at New Seabury. Membership includes oceanfront pool & Cabana Club, Beach Club, tennis & fitness. Photo represents similar to be built home. Finished lower level is an option for upgrade only.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2018
|
2 Bed
|
3 Bath
|
1559 ft²
|
$602,000
2 Bed
3 Bath
1559 ft²
|
$602,000
10/16/2018
|
Kathleen Fisher
Fisher And Associates
| |
|
06/16/2007
|
2 Bed
|
3 Bath
|
1485 ft²
|
$599,000
2 Bed
3 Bath
1485 ft²
|
$623,579
+4.10%
06/24/2008
|
Heather Murray
Harborside Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017