2 Island Way
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 |
|---|---|---|---|
| Sep 25, 2012 | Sold | ||
| Sold | |||
| Apr 18, 2012 | Listed by Coldwell Banker Realty - Newburyport | $339,900 | |
| Listed by Coldwell Banker Realty - Newburyport | |||
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Beautiful cape in scenic marsh setting with a large level yard to play in. Kitchen has upgraded cabinetry and appliances. Open concept living with cathedral ceilings in the living/dining room. Step out of the kitchen or sun room to enjoy cookouts on the massive decks. Master bedroom upstairs has a balcony to look out onto mother nature. Warm & inviting family room in the lower level. Additional unfinished 20x23 foot area over the attached garage ready to be finished to your taste.
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| Apr 18, 2011 | Listed by Coldwell Banker Residential Brokerage - Newburyport | $339,900 | |
| Listed by Coldwell Banker Residential Brokerage - Newburyport | |||
| Jan 30, 2010 | Listed | $365,900 | |
| Listed | |||
| | |||
|
Beautiful cape in scenic marsh setting with a large level yard to play in. Kitchen has upgraded cabinetry and appliances. Open concept living with cathedral ceilings in the living and dining room. Step out of the kitchen or sun room to enjoy cookouts on the massive decks. Master bedroom upstairs has a balcony to look out onto mother nature. Very large family room in the basement. Additional unfinished 20x23 foot area over the attached garage ready to be finished to your taste.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017