206 Phillips 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 |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Feb 25, 2022 | Listed by Lucido Real Estate, LLC | $1,000,000 | |
| Listed by Lucido Real Estate, LLC | |||
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RARE OPPORTUNITY to own an updated, sun filled, spacious property on Cape Cod Bay's best kept secret... Sagamore Beach. This beautiful home is referred to as "Sea Dreams" and is located on a dead end road with direct access to CC Canal bike path. Watch the sunrise over the ocean from your top deck, or listen to the waves & feel the sea breeze from any of the 4 DECKS found here. Relax in the sand, swim in the ocean, or walk your dogs on this PRISTINE PRIVATE BEACH with deeded rights. IDEAL location, 1 exit before the Sagamore bridge (i.e. no bridge traffic included)! This gorgeous 3 bed 2 bath home was thoughtfully remodeled over time with low maintenance & summer rental opportunity in mind. Some of the updates include double dip shingles, HE wind protection Harvey windows, On-demand Tankless HW. Large, open living room upstairs features water views, cathedral ceiling, exposed beams, & composite deck. Private back yard, garden area, outdoor cedar shower, shed w/ electricity & 6 CAR PKG!
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| Jun 30, 2014 | Sold | ||
| Sold | |||
| Jul 18, 2013 | Listed by Kinlin Grover Real Estate | $479,900 | |
| Listed by Kinlin Grover Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017