Are you down-sizing, a first time home buyer, or just want to
travel without the stress? Why pay rent when you can own this
beautiful condominium in Ocean Meadows, Fairhaven. Updates
include new roof, Anderson windows and sills, interior doors,
kitchen cabinets and counter tops, hardwood bamboo flooring,
carpeting and so much more. Winter is on its way! If you are tired
of shoveling this unit has two parking spots right in front that
are plowed for you and a brand new furnace to keep you toasty warm!
The basement has high ceilings, access to the outside, and is
perfect for storage or easily finished off for more living space.
Eat in kitchen with sliders to your deck, half bath, and living
room with beautiful new hardwood bamboo flooring make up the first
floor. Two bedrooms and full bath with closets galore
complete the second floor. Minutes from the medical centers on Mill
Street in Fairhaven and an hour or less from Boston, Providence and
Cape Cod.
Unit Size
977 Ft²
Days on Market
-
Land Size
-
Price per sqft
$215
Property Type
Condo
Property Taxes
$167
HOA Dues
$225
Year Built
1987
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Cap Rate Calculator
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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.
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship
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