15 Autumn River Lane
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 |
|---|---|---|---|
| Jan 6, 2024 | No longer available | - | |
| No longer available | |||
| Aug 25, 2023 | Price Decreased |
$475,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Jun 21, 2023 | Listed by Bean Group | $495,000 | |
| Listed by Bean Group | |||
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Located less than two miles from the pristine sandy shores of Footbridge Beach, where an iconic wooden bridge spans the Ogunquit River, lies Autumn River Lane. This exceptional 2.31-acre lot has already been thoughtfully cleared, with a welcoming driveway awaiting the creation of your future home. Nestled in a tranquil neighborhood, this location is renowned for its seclusion and unspoiled natural beauty. Despite its proximity to the coveted town of Ogunquit and its breathtaking beaches, this prime lot offers a delightful escape from the seasonal hustle and bustle. Imagine enjoying peace and serenity year-round. Boasting elevated and dry land, this property presents a remarkable opportunity to unleash your imagination and build the perfect summer retreat or year-round haven. Seize the opportunity to create your dream home in this idyllic location. We can't wait to welcome you to Autumn River Lane. Home plans designed for this lot are available.
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| Apr 20, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by Anne Erwin Sothebys International Rlty | $299,000 | |
| Listed by Anne Erwin Sothebys International Rlty | |||
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Autumn River Lane is less than 2 miles to sandy Footbridge Beach, where a wooden bridge crosses the Ogunquit River to the pristine sands and dunes along the ocean. Bring your own builder and plans or let us help you bring your imagination to life by connecting you with a local builder suited to fit your needs. This is the perfect location to build a year-round home, or a summer getaway home to create picture-perfect vacation memories. The 2.31 parcel has been cleared and a driveway roughed in to access the high and dry building envelope. Close to all the amenities that Ogunquit has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017