1102 Cambridge Road #302E
About This Property
The manager has listed the unit size as 1662 square feet.
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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 |
|---|---|---|---|
| Jan 23, 2024 | No longer available | - | |
| No longer available | |||
| Nov 11, 2023 | Price Decreased |
$409,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Nov 7, 2023 | Price Decreased |
$419,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
| Oct 13, 2023 | Listed | $425,000 | |
| Listed | |||
| | |||
|
Welcome to this spacious and updated Cambridge Cove Condo in the heart of Kill Devil Hills with a new warrantied HVAC (see associated docs, Sept 2023 new air handler and new heat pump, one of the two heat pumps is original but functioning as intended), new mid level and upper level decking and newly furnished! This extremely well layed out unit features a lovely great room with high ceilings, a kitchen with granite countertops and bar area, a large dining area with gorgeous windows, and a deck with pergola and large table for outdoor dining! On the top level you will find a large loft for additional sleeping, or you can use it as a den or office. On the mid level you will find the main entry into the house, 2 En Suite Bedrooms one with it's own balcony, and the washer and dryer on this level for convenience. The ground level features a bonus room with its own full bath and patio access which leads out to common greenspace! The garage is an added bonus to keep all of your beach toys safe! Leave your car in the drive and bike or walk using the sidewalked streets to get to the nicest ocean access in the area with free ample parking if you choose to drive, lifeguarded in season, and a bath house with a convenience store and sandwich shop nearby! This area is the most central on the Outer Banks so you'll have your pick of year round shops and restaurants, all at your fingertips! The town of Kill Devil Hills recently added additional sidewalks making the area even more pedestrian and bike friendly! The Bermuda Bay community has a clubhouse which is close by this unit and has an owner area, a fitness center, and large pool with splash area for kids, and a sound pier! The HOA includes cable and internet and water is billed twice annually at $210, so a $420 flat fee for the year! CHECK OUT the 6.375% Second Home Loan 15% down with NO PMI ARM loan sheet in associated docs. The manager has listed the unit size as 1662 square feet.
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| Feb 14, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/13/2023
|
2 Bed
|
3.5 Bath
|
1662 ft²
|
$425,000
2 Bed
3.5 Bath
1662 ft²
|
-
-
|
Catherine Strachan
Brindley Beach Vacations-Duck
| |
|
05/10/2023
|
3 Bed
|
3.5 Bath
|
1721 ft²
|
$430,000
3 Bed
3.5 Bath
1721 ft²
|
-
-
|
Bill Hogan
Twiddy & Co. - Duck
| |
|
01/04/2023
|
2 Bed
|
3.5 Bath
|
1662 ft²
|
$385,000
2 Bed
3.5 Bath
1662 ft²
|
-
-
|
Madonna VanCuren
Sun Realty - KDH
| |
|
10/20/2020
|
2 Bed
|
4 Bath
|
1662 ft²
|
$239,000
2 Bed
4 Bath
1662 ft²
|
-
-
|
-
| |
|
02/13/2020
|
2 Bed
|
3 Bath
|
1120 ft²
|
$190,000
2 Bed
3 Bath
1120 ft²
|
-
-
|
-
| |
|
06/06/2019
|
2 Bed
|
4 Bath
|
1474 ft²
|
$215,000
2 Bed
4 Bath
1474 ft²
|
-
-
|
-
| |
|
02/14/2019
|
3 Bed
|
4 Bath
|
1364 ft²
|
$214,900
3 Bed
4 Bath
1364 ft²
|
-
-
|
-
| |
|
01/23/2019
|
2 Bed
|
3 Bath
|
1120 ft²
|
$195,000
2 Bed
3 Bath
1120 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017