16-18 Bald Head Cliff 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 |
|---|---|---|---|
| Aug 27, 2021 | Listed by Bean Group / Portsmouth | $5,749,140 | |
| Listed by Bean Group / Portsmouth | |||
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| Nov 17, 2019 | No longer available | - | |
| No longer available | |||
| Aug 20, 2019 | Relisted | $1,350,000 | |
| Relisted | |||
| Aug 18, 2019 | No longer available | - | |
| No longer available | |||
| Jul 29, 2019 | Listed | $1,350,000 | |
| Listed | |||
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Perfectly placed on the rocky Maine coast, this home has been totally remodeled with quality finishes throughout. Enjoy the openness of the living room and its expansive ocean views. Designed for easy living with a beautiful upscale kitchen and formal dining area which is open to the elegant living room with its dramatic stone fireplace. Enjoy beachside living at its finest; this amazing home boasts a welcoming outside deck just perfect for relaxing and basking in the ocean breeze. The spacious master bedroom offers a modern master bath and private deck entrance. The second bedroom is roomy as well. There is a convenient first floor washer and dryer and full main bath. The location provides a serene getaway and yet is within easy reach to fine dining, entertainment, and shopping. This home is refined, relaxed, and simply perfect for your seaside escape.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017