11 Spouting Horn Road
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 12, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2023 | In contract | - | |
| In contract | |||
| Apr 3, 2023 | Listed by Coldwell Banker Realty - Marblehead | $1,199,998 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
| Dec 15, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Nov 4, 2022 | Listed by Coldwell Banker Realty - Marblehead | $1,199,998 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Gorgeous 30,000+ sq foot lot in exclusive Spouting Horn neighborhood. Achievable ocean views , mature trees, proximity to the ocean, zoned for R-1 in this quiet cul-de-sac. 5 foot walking easement to the ocean. Completed subdivision process-all docs included. Lot is situated in the highest assessed area of Nahant, close to 40 Steps Beach. Showings by appointment.
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Address: 335 Madison Avenue, New York, NY 10017