2 Marina Drive #2
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%.
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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 |
|---|---|---|---|
| May 31, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2019 | Listed by Compass | $399,900 | |
| Listed by Compass | |||
| | |||
|
ISLAND LIVING IN MASSACHUSETTS! Fabulous and affordable unit at Spinnaker! JUST PAINTED AND STAGED... shows beautifully. Expansive views from all rooms! Nicely sited at ground level near the clubhouse and the extra visitor parking! The first level is really a step down family room from the main entrance, and the dining room/kitchen and powder room are then considered the 2nd floor. Third floor has master bedroom/bath, 2nd bedroom, family bath, and a pull down attic for extra storage. Ground level garage and 1 extra parking place. Fantastic inground pool and pool house, newly rebuilt clubhouse, full gym and private beach to launch your kayak or put your toes in! Marina, and private jetty at low tide! Truly a wonderful place to enjoy year-round (or summer!) waterfront living with all the amenities!
| |||
| Aug 28, 2003 | Sold | ||
| Sold | |||
| Nov 19, 2002 | Listed by Coldwell Banker Realty - Scituate | $334,900 | |
| Listed by Coldwell Banker Realty - Scituate | |||
| Jun 28, 2002 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/28/2019
|
2 Bed
|
2 Bath
|
1545 ft²
|
$399,900
2 Bed
2 Bath
1545 ft²
|
$370,775
-7.28%
05/31/2019
|
Gail Petersen Bell
Home Center Sotheby's International Realty
| |
|
11/19/2002
|
2 Bed
|
3 Bath
|
1545 ft²
|
$334,900
2 Bed
3 Bath
1545 ft²
|
$334,900
08/28/2003
|
Catherine Reedy
Coldwell Banker Realty - Scituate
| |
|
04/23/2002
|
2 Bed
|
3 Bath
|
1545 ft²
|
$319,900
2 Bed
3 Bath
1545 ft²
|
$319,500
-0.13%
06/28/2002
|
Cheryl Arbeene
Coldwell Banker Realty - Hingham
| |
|
06/04/2001
|
2 Bed
|
3 Bath
|
1545 ft²
|
$319,000
2 Bed
3 Bath
1545 ft²
|
$319,000
07/31/2001
|
Cheryl Arbeene
Coldwell Banker Realty - Hingham
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017