241 Phillips Rd
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 4, 2022 | No longer available | - | |
| No longer available | |||
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2021 | In contract | - | |
| In contract | |||
| Feb 4, 2021 | Price Increased |
$2,699,999
↑ $101K
(3.9%) | |
| Price Increased | |||
| Nov 25, 2020 | Listed by C/B Residential Brokerage | $2,599,000 | |
| Listed by C/B Residential Brokerage | |||
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Smell the ocean air. Feel the sand on your feet as you walk off your deck to the direct path to glorious & amazing Sagamore Beach. Soak in the vitamin sea, sun, & soft breezes while living your bestlife at your beach house. Incredible opportunity to own a quality new construction oceanfront home. Come on now, it is time. Buy the beach house and make 2021 your BEST year yet. You will notbe disappointed with this sound(insert wave noise) decision. Your future self and life will be very pleased. Today's choices are tomorrows results. Flip flops, towels, sunscreen not included.Livewhere you love. Love where you live. The manager has listed the unit size as 3000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017