2 Mcgrath Rd
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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Aug 9, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $379,000 | |
| Listed | |||
| | |||
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Live it up, and down in this ''upside down'' style home just a short walking distance to Sagamore Beach! This desirable area is close to all major highways, the commuter station, the Cape Cod Canal and much more. As you walk through, you'll see that there are three bedrooms located on the first floor. The Master Bedroom has a walk-in closet, a 3/4 bath & outside access to your backyard. There are two more generous sized bedrooms, & a full bathroom. Upstairs is the main living area with an updated kitchen complete with beautiful dark hardwood floors, soft-close cabinets, newer appliances, breakfast bar & dining area. Off the kitchen is the large living room with exposed wood beams, a wood-burning fireplace, & a slider leading out to your back deck. But wait.. there's more! The fourth bedroo on the third floor has new carpeting, a new slider & deck, and tons of closet space. It even has a small view of the ocean! PLUS a brand new septic system. Welcome home! The manager has listed the unit size as 2108 square feet.
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| Apr 27, 2018 | Listed by Lucido Real Estate, LLC | $372,000 | |
| Listed by Lucido Real Estate, LLC | |||
| Apr 30, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017