16 Salt Marsh Ln
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 |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Louise Condon Realty | $1,199,000 | |
| Listed by Louise Condon Realty | |||
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Private and peaceful! Step back in time to this quintessential New England home with 200 feet of waterfront, deeded private beach and gorgeous views on the shore of Sunset Cove. A beloved family “Cape without the bridge” getaway awaits. 2 lots sold as one 1.5-acre property. Hardwood floors and paneling throughout the home. Enjoy the roomy, eat-in kitchen, formal dining room, wood burning stove in the front-to-back living room. Relax on the screen porch before heading upstairs to three large bedrooms and a full bath. With old-world charm, this vacation home has stunning views of Sunset Cove. Watch the wildlife from the lovely, large screen porch, the beach or from your boat on the water. Brand new 3-bedroom septic, gas heat and town water. Large, detached two car garage/boat house.
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| Oct 18, 2000 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017