20
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155 Bear
About This Property
Listed By
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Cap Rate Calculator
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%.
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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.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Listed by Duston Leddy Real Estate | $2,295,000 | |
| Listed by Duston Leddy Real Estate | |||
| Oct 9, 2022 | No longer available | - | |
| No longer available | |||
| Aug 22, 2022 | Price Decreased |
$699,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Aug 14, 2022 | Price Decreased |
$749,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Jul 8, 2022 | Listed by Bean Group / Portsmouth | $799,000 | |
| Listed by Bean Group / Portsmouth | |||
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Opportunity awaits at 155 Bear Island! This 1.83-acre lot offers spectacular views of Mount Washington and is just minutes from the Meredith town docks. When you arrive on the island, you’ll see that this property has great potential. The property features a 4 bedroom, 5 bath single-family home, and a separate turnkey lofted log cabin. The single-family home requires a renovation and has been taken down to the studs- you can work with the existing footprint and build a 3,024 square foot home and tie it into the existing 8-bedroom septic. The septic, foundation, and electrical are all completed for you. The turnkey log cabin is ideal to stay in while renovations are underway. The cabin features beautiful wood finishes throughout and includes a kitchenette, full bath, living room, and a lofted bedroom. This property offers more than most with its 8-bedroom septic, large single-family home, separate log cabin for guests or to stay in during renovations, and a 125 ft. of shoreline. Seller to provide permit for a 266 ft. u-shape dock prior to closing, a 24 ft. section has been installed. The seller is an established builder and can provide CAD designs for a future renovation. The manager has listed the unit size as 3792 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017