16 Manomet
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 |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by Boston Connect Real Estate | $649,000 | |
| Listed by Boston Connect Real Estate | |||
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This charming 3-bedroom, 2-bath beachside retreat offers the perfect mix of comfort and convenience, just moments from the smooth sands of Nantasket Beach. Enjoy nearby restaurants and shops while still savoring your own private oasis. Inside, an open-concept layout seamlessly connects the dining and living areas, ideal for entertaining or relaxing. Gleaming hardwood floors flow throughout, leading upstairs, where six skylights fill the space with natural light. A cozy landing area is perfect for a reading nook or home office. The spacious primary bedroom includes a sitting area with a stunning ocean view—a perfect spot for morning coffee or unwinding at sunset. With no yard work required, this is a fantastic condo alternative. Move right in and enjoy the carefree beachside lifestyle!
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| Mar 16, 2022 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by Boston Connect Real Estate | $525,000 | |
| Listed by Boston Connect Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017