22 Portside Dr #22
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 |
|---|---|---|---|
| Jul 25, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by Sotheby's International Realty | $589,000 | |
| Listed by Sotheby's International Realty | |||
| | |||
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Enjoy the resort-style living of Southport in this magnificent Nantucket-style condo in award-winning 55+ community. Southport is in Mashpee on Cape Cod. Home features two master suites, one on each floor. First floor master has a private bath and walk-in closet. The fire-placed living room with cathedral ceiling and skylight, built-in cabinet, recessed lighting, dining room that all leads to a 3-season sunroom. The second level offers a second master suite, a loft and sky lit den/office. Lower level offers full walkout with windows galore and slider onto a private deck. Garage and whole-house generator. Start living the easy lifestyle with all the amenities that Southport has to offer in this nicely appointed home.
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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 |
|---|---|---|---|---|---|---|---|
|
06/09/2022
|
2 Bed
|
3 Bath
|
1685 ft²
|
$589,000
2 Bed
3 Bath
1685 ft²
|
$589,000
07/25/2022
|
Cathleen Moore
Sotheby's International Realty
| |
|
06/09/2022
| |
2 Bed
|
3 Bath
|
1685 ft²
|
$589,000
2 Bed
3 Bath
1685 ft²
|
$650,000
+10.36%
07/25/2022
|
Denise Dutson Team
Kinlin Grover Real Estate
|
|
07/08/2009
|
2 Bed
|
3 Bath
|
1765 ft²
|
$313,483
2 Bed
3 Bath
1765 ft²
|
$313,483
10/13/2009
|
Donna Marcou
Donna Marcou at Southport
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017