17 Pine Point Place
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 |
|---|---|---|---|
| Jun 19, 2015 | Sold | ||
| Sold | |||
| Mar 23, 2014 | Listed by Coldwell Banker Realty - Hingham | $450,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
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Money maker. Great rental history. It has even rented for two times the asking. Just ask why. Steps to Duxbury Beach. Spectacular, ever changing tidal marsh FRONT (waterfront at certain very high tides.) UNOBSTRUCTED Duxbury Powder Point Bridge, marsh views. You will not believe your eyes when you see the 360 degree views via the windows and skylights from the third floor walk up, unheated attic play area of the (marsh, Powder Point Bridge, OCEAN, and beach area.) Nantucket style entry into this 1992 built ( 2 x 6 wall construction) move in condition colonial. Refreshing, enclosed, outdoor shower. The roof is approximately 5 years old. Great "retreat" for extended family or year round living. Steps to beach opening onto Duxbury Beach (on East Marginal Street) so no need to fight the crowds at the public beach area. Your own private MARSH FRONT sanctuary. HURRY!
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