213 Phillips 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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | Listed by Sotheby's International Realty - Sandwich Brokerage | $1,899,000 | |
| Listed by Sotheby's International Realty - Sandwich Brokerage | |||
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Welcome to your beachfront oasis on the sought-after Sagamore Beach. This stunning beach house, originally designed as a two-family home, offers two separate living spaces, perfect for versatility and privacy. With numerous recent updates, including a new roof, siding, and a Mitsubishi heating and cooling system, this home is ready for you to enjoy. Step inside to discover luxurious 10'' engineered oak floors throughout. Each side of the home features a bedroom that opens to a charming mahogany deck, providing a peaceful retreat with views of the backyard. The spacious living rooms are perfect for relaxation and entertainment, with one room capable of doubling as an additional sleeping area. The chef's kitchen is a highlight, boasting a breakfast bar, granite countertops, and new stainless steel appliances, making it a dream for cooking and entertaining.The home's crown jewel is the expansive four-season porch along the oceanfront, offering panoramic views and a perfect spot to relax
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| Mar 10, 2022 | Sold | ||
| Sold | |||
| Jun 15, 1990 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017