121 Lower County Rd
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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Listed by Weichert, REALTORS® - Donahue Partners | $775,000 | |
| Listed by Weichert, REALTORS® - Donahue Partners | |||
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Adorable home perfectly located a short walk to Haigis Beach in Dennis Port, and less than .5 miles to multiple restaurants and shops. This home has been used as a short term rental for many years and has a solid rental history! This home features 3 bedrooms and 1.5 baths. One bedroom offers an ensuite half bath. The large sun room offers extra space to relax. Outside, you will find a small, peaceful back yard, with a hot tub, outdoor shower and a large sunlit floating deck. In the last year, the deck and stairs were completed with composite decking. The dryer, microwave and hot tub are also new in the last year. There are bookings scheduled through August. Furnishings negotiable
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| Jun 17, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Weichert, REALTORS® - Donahue Partners | $649,000 | |
| Listed by Weichert, REALTORS® - Donahue Partners | |||
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This home has been a successful short-term rental for more than 4 years. Built in 1950, this home has undergone major renovations, yet retains that Cape Cod charm! Year-round home, summer home, or investment, this home is just what you have been waiting for! This charming ranch style home offers 3 bedrooms, a large dining and living room area with wood burning fireplace, and a separate sitting room with indoor jacuzzi!! The back yard offers a large deck with a ping pong table, and a welcoming outdoor shower. Perfectly located, less than a half mile to Haigis Beach! In 2006 the home was renovated including new windows, new roof, and upgraded from oil heat to gas heat. Appliances new within 3-5 years. New three-bedroom septic installed approximately 5 years ago. Many furnishings may remain with the home if requested. This incredible home has so much to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017