26 Way Rd
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 |
|---|---|---|---|
| Jan 15, 2019 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed by LandVest, Inc., Ipswich | $799,000 | |
| Listed by LandVest, Inc., Ipswich | |||
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LOCATION! LOCATION! LOCATION! Set behind stone pillars and SITED ON MORE THAN 1 ACRE CONSISTING OF 2 SEPARATE LOTS, this coveted Back Shore setting behind Bass Rocks Links is reminiscent of an English Seaside Cottage and boasts OCEAN VIEWS from many rooms. Current owners have lived here for 25 years and the sprawling open and inviting floor plan NEEDS INTERIOR UPDATING INCLUDING KITCHEN AND BATHROOMS. The family room and living room with wood floors and fireplace are enhanced by walls of windows which capture distant ocean views. The residence has an eat in kitchen w/ ocean views, and formal dining area ideal for entertaining. The master bedroom with ocean views, 2 additional bedrooms and 2 baths offer endless opportunities to make this property your dream home . There is a 1 car detached garage and adjacent potting shed. Be home and enjoy the areas best beaches, golf , restaurants and art galleries.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017