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25 Shore 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 15, 2020 | Sold | ||
| Sold | |||
| Mar 2, 2020 | Listed | $1,850,000 | |
| Listed | |||
| May 24, 2019 | No longer available | - | |
| No longer available | |||
| Apr 16, 2019 | Listed by Engel & Volkers By The Sea | $2,100,000 | |
| Listed by Engel & Volkers By The Sea | |||
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This splendid and visually arresting oceanfront home on Magnolia’s iconic Shore Road—with its delightful European-inspired elements such as granite and bluestone stairs and entry, wrought iron railings, and decorative gables and eaves—is ingeniously designed to maximize its seaside setting while using its height and setback to promote a sense of ‘above it all’ privacy and tranquility. The main level has ocean views from every room and is connected by arched openings to a living room with corner fireplace, balcony and adjoining sitting area, and includes a rear deck for al fresco dining and backyard enjoyment in fine weather. The top floor simply dazzles with a sumptuous master suite highlighted by an expansive spa bath with his-and-her vanities, oversized walk-in shower and bidet, and private balcony with unsurpassed views of the Atlantic, sunrises and sunsets, and the Boston skyline. A short stroll to Magnolia Beach, as well as Magnolia village, and all major routes to Boston. The manager has listed the unit size as 3510 square feet.
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| Jan 27, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017