$260,000
●
Condo -
Off Market
2 Starfish #2
Chatham, MA 02633
1 Bed
1 Bath
556 Ft²
$415,850
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
A dream come true! An affordable, year round, beachfront condo in
the exclusive seaside village of Chatham. This well
maintained condo sits on a private beach overlooking Chatham Harbor
with stunning water views featuring white sandbars at high tide and
clam flats at low. A nearby marina adds to its coastal charm.
An open floor plan with cathedral ceiling allows for easy living
and a light and bright beach feel. In addition to a private
bedroom, a lofted area allows for two twin beds. Ideal for the
beach lover: kayak from your private beach, stroll into the quaint
downtown village and swim at the renowned Lighthouse Beach. This
location offers endless fun truly within walking distance!
Unit Size
556 Ft²
Days on Market
-
Land Size
-
Price per sqft
$494
Property Type
Condo
Property Taxes
$127
HOA Dues
$372
Year Built
1982
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (MLSPIN #72349123)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2018 | Sold | ||
| Sold | |||
| Jun 20, 2018 | Listed by Robert Paul Properties | $274,900 | |
| Listed by Robert Paul Properties | |||
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer
Flooring Type: Wood, Tile, Carpet, Laminate
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 556
Year Built Source: Public Records
Year Built: 1982
Waterfront Features: Waterfront, Bay Access, Ocean, Harbor, Access, Private, Direct Access, Frontage, 0 to 1/10 Mile To Beach, Beach Ownership(Private, Association, Deeded Rights)
Building Name: Oceanfront Condominium
Building Area Total: 556
Building Area Units: Square Feet
Construction Materials: Frame, Block
Patio and Porch Features: Deck, Patio
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $297,700
Tax Annual Amount: $1,522
Utilities Details
Cooling Type: Central Air
Heating Type: Electric Baseboard
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds
HOA/Condo/Coop Amenities: Beach Rights
HOA Fee: $4,461
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2018
|
1 Bed
|
1 Bath
|
556 ft²
|
$274,900
1 Bed
1 Bath
556 ft²
|
$260,000
-5.42%
09/11/2018
|
Dawn Boynton
Berkshire Hathaway HomeServices Robert Paul Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017