21 Scallop Way #21
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 |
|---|---|---|---|
| Nov 24, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2020 | Listed by Gibson Sotheby's International Realty | $639,900 | |
| Listed by Gibson Sotheby's International Realty | |||
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Welcome to 21 Scallop Way in Sears Point! Easy one floor living, 3 bed/2 bath fully-furnished Condo rarely available, close to Cape Cod Bay. Very private setting surrounded by conservation land outside the back patio. The combined south facing DR/LR area is perfect for entertaining. Beautiful built-ins on either side of fireplace make for cozy gatherings. Master, 2nd bedroom & laundry on main level. Upstairs offers another bedroom or space for your home office/media/exercise room. Attic storage also available. Updated HVAC. One car garage is attached to the covered breezeway to allow for easy access. There are 2 additional parking spaces assigned to this condo, along with hard to find extra parking in Scallop Way for guests. Tennis courts & pool/hot tub steps away. The pristine bay beach is just a short walk down Sears Point Drive. Minutes from The Brewster General Store, town bike path, & shopping. Don't miss out on this rare opportunity!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/09/2020
|
3 Bed
|
2 Bath
|
1935 ft²
|
$639,900
3 Bed
2 Bath
1935 ft²
|
$640,000
+0.02%
11/24/2020
|
Jean Piazza
Gibson Sotheby's International Realty
| |
|
10/08/2020
| |
3 Bed
|
2 Bath
|
1935 ft²
|
$639,900
3 Bed
2 Bath
1935 ft²
|
$640,000
+0.02%
11/24/2020
|
Jean Piazza
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017