25 Broadmarsh Avenue
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Conway - Mattapoisett | $639,000 | |
| Listed by Conway - Mattapoisett | |||
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Attention Investors or those seeking versatile living arrangements… Discover this unique waterfront property featuring two homes on one single lot. The larger “main” house boasts its direct waterfront positioning. Upon entering, you'll be greeted with stunning water views from the picturesque bay window, while 2 bedrooms, 1 full-sized bathroom, a spacious kitchen with dining area, main-level laundry hookup and a partially finished basement complete this home. The smaller “guest” house provides open concept living with additional water views, 1 bedroom, 1 full-sized bathroom, unfinished basement and downstairs laundry hookup. Whether you're looking to generate rental income or accommodate extended family, this property offers an exceptional investment opportunity with endless potential. Located in a peaceful and desirable waterfront community, this is truly a rare find. Property being sold "as-is". Showings begin at the Open House on Saturday, August 3rd from 12:30p-2p.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017