121 Avenue A
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 |
|---|---|---|---|
| Dec 7, 2022 | No longer available | - | |
| No longer available | |||
| Sep 28, 2022 | Listed by Lakes Region Realty, LLC | $895,000 | |
| Listed by Lakes Region Realty, LLC | |||
| | |||
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LOCATION, LOCATION, LOACTION! Located in the Southwestern Maine Lakes Region, this 3 bedrooms, 1 & 1/2 bath year-round home is less than 2 hours from Boston, 45 minutes from beaches and less than an hour from skiing. Situated on upper Mousam Lake, one of Southern Maine's most desirable lakes, this charming home sits on a gently sloping beautifully landscaped lot with 75' of gradual sandy waterfront. Open concept kitchen/dining/living area, granite counter tops, hardwood floors, gas fireplace, screened porch, patio, security system, on demand Generac generator, 3 new Mitsubishi mini splits, 2nd floor laundry and walk out basement are just some of the features of this well-built home. A back lot provides extra space for parking or storage. Outdoor recreational opportunities abound. Come enjoy swimming, boating, jet skiing, fishing, kayaking, canoeing, snow shoeing, ice fishing, snowmobiling and cross-country skiing. Perfect for a year-round home or get-a-way retreat!
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| May 14, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Listed by Lakes Region Realty of Maine | $699,000 | |
| Listed by Lakes Region Realty of Maine | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017