137 Winnacunnet 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 |
|---|---|---|---|
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Listed | $1,150,000 | |
| Listed | |||
| | |||
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Seize this exceptional opportunity to own a fully remodeled three-unit apartment building situated on 2 acres, just a short walk from local schools, restaurants, and shopping! This property features two (2) bedroom units and one (3) bedroom unit, all adorned with luxurious finishes, including stainless steel appliances, hardwood and vinyl plank flooring, a generous wrap-around deck, and charming barn wood touches in select units. With occupancy fully leased, this building represents a remarkable investment!
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| Nov 18, 2019 | Sold | ||
| Sold | |||
| Sep 11, 2019 | Listed by The Hamptons Real Estate | $465,000 | |
| Listed by The Hamptons Real Estate | |||
| Aug 13, 1993 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017