20 Souther Road
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 |
|---|---|---|---|
| May 24, 2018 | Sold | ||
| Sold | |||
| May 5, 2017 | Listed by J. Barrett & Company | $1,545,000 | |
| Listed by J. Barrett & Company | |||
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"Rocklawn"- a stately, elegant English Manor enjoying high sweeping ocean views. This 12 room residence, within sounds of the pounding surf, commands one of the finer Gloucester locations lying between Bass Rocks Golf Course and the Atlantic ocean. The interior was designed to facilitate both formal entertaining & gracious every day living. A spacious 35' LR opens with French doors to a wide, covered, ocean-facing veranda. The handsome DR boasts a wide bay window seat & leads thru a swinging door to the Butler’s pantry. All other family rooms are large & enjoy pleasing vistas over beautifully landscape grounds to the sea. This grand home offers two Master Bedrooms suites, both w/full baths & ocean views & one w/a sitting room. Gorgeous hardwood floors & details throughout. The formal & informal grounds, designed by prominent landscape architect, Fletcher Steele, include level & gently sloping lawns, terraces and a stunning stone spiral staircase. Walk to Good Harbor Beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017