260 Polpis Rd
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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 |
|---|---|---|---|
| Nov 22, 2018 | Sold | ||
| Sold | |||
| May 31, 2017 | Listed by Non Member Office | $29,750,000 | |
| Listed by Non Member Office | |||
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The international island destination of Nantucket, offers a once in a lifetime opportunity to acquire “Swain’s Neck”, the crown jewel of New England. On a peninsula with 63 acres and spectacular unobstructed views over Polpis Harbor, this estate is potentially the island’s most private family retreat. The main residence curves with the shoreline and offers ocean and Polpis Harbor views from all principal rooms. The architecture features many symbols of Nantucket’s Quaker, Colonial, farming and whaling heritage. The residence is centered around a two-story great room and has five bedroom suites. Additionally, the estate offers a guest cottage, studio and gate house. A boat-house and two moorings complete this rare offering. 25+/- minutes flight time from Boston and 40+/- minutes from New York.
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| Jun 17, 1997 | Sold | ||
| Sold | |||
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