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137 Wingaersheek 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 |
|---|---|---|---|
| Dec 29, 2005 | Sold | ||
| Sold | |||
| Apr 18, 2005 | Listed by LandVest, Inc., Manchester -by-the-Sea | $3,900,000 | |
| Listed by LandVest, Inc., Manchester -by-the-Sea | |||
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2± acre exquisite waterfront property approached via an oceanfront private road. House overlooks Ipswich Bay, magnificent dunes and white sandy beach. c.1890 stone castle w/ attached 1st floor guest quarters with private entrance. Ideally situated between Conservation land and Coffin Beach, the property affords sweeping views of Ipswich Bay across the open Atlantic to the Annisquam shore of Cape Ann. An official Title V exam is currently in progress to determine existing capacity.
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| Nov 29, 2001 | Sold | ||
| Sold | |||
| Jun 6, 2000 | Listed by North Shore's Gold Coast Realty | $1,200,000 | |
| Listed by North Shore's Gold Coast Realty | |||
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BEACH FRONT ON WINGAERSHEEK BEACH. ONCE IN A LIFETIME OPPORTUNITY. SURVEYED AND SCHEDULED TO PERC. ASSESSED VALUE AND TAXES "TO BE DECIDED". LAND DESCRIPTION: BEACH. SALE CONTINGENT ON SELLER PROVIDING APPROVED SEPTIC DESIGN
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017