21 Watsons Lane
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%.
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 12, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $539,000 | |
| Listed | |||
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Classic New England charm highlights this expanded Cape on .51 acres. The kitchen has beautiful custom-made natural cherry cabinets,solid surface counters, stainless steel appliances, breakfast bar, recessed lighting and opens into the den featuring a Jotul woodstove. French doors off the den flow to living room. The new master suite has a large bay window for plenty of light, walk in closet plus 2 additional closets and en suite bath with new tile shower and pedestal sinks. Oak floors through out the first floor. On the second floor are 3 more sunny bedrooms, a full bath with custom made vanity, heated towel rack and plenty of storage space. Finished room in the basement features a wall of custom built-ins. You decide how to use the 16X30 heated room off the garage, work shop or a home gym with 3 large double doors leading out to a large private back yard with invisible fence. Sellers installed a brand new energy efficient HVAC system for gas heat and central air. 2.5 miles to the beach, close to 95 and 101. The manager has listed the unit size as 2685 square feet.
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| Mar 30, 2018 | Listed by The Gove Group Real Estate, LLC | $539,000 | |
| Listed by The Gove Group Real Estate, LLC | |||
| Apr 29, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017