21 Cape Neddick 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed | $499,900 | |
| Listed | |||
| | |||
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ONLY 11/2 -MILES TO SHORT SANDS OR CAPE NEDDICK BEACH, this tastefully updated traditional Cape has been well-maintained and lovingly cared for over the years. Consider this property for a primary residence or a second home. Nicely tucked back off the street, you can enjoy a large front yard while looking out at the perennials and flowing trees. Recent updates include a new roof, whole house Generac generator and fresh paint. Many other improvements include a new kitchen with beautiful granite counter tops and custom cabinets by a well-known local woodworker, as well as the installation of gutters and vinyl siding. If needed there is potential for a small 1st floor bedroom which is currently used as an office that has access to a 3/4 bath on the same level. Relax or read your favorite novel on the maintenance-free rear deck while enjoying the sunshine. New 4-bedroom leach field is being installed and will be completed soon. This home is sited on a generous sized corner lot boasting a large yard, 2-car attached garage with additional off-street parking and even room for an RV. Close proximity to area amenities including York Village, local shops and restaurants, schools, golf & tennis. Downtown Ogunquit and Ogunquit Beach is less than 5 miles - or literally a 7 minute drive! Come home to Maine... and enjoy everything it has to offer!
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| Feb 24, 2020 | Listed by Coldwell Banker Yorke Realty | $499,900 | |
| Listed by Coldwell Banker Yorke Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017