279 West Shore Drive
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 |
|---|---|---|---|
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Nov 5, 2024 | Listed by Coldwell Banker Realty - Marblehead | $779,900 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Charming cape-cod style home set back behind the locust trees. This spacious home features 6+ rooms and 2 baths. The first floor offers front-to-back living room w/built in shelves, a fireplace & bay window overlooking the yard. The dining room has 2 built in china cabinets & closet for extra storage. The family room is large and dramatic, featuring a slightly vaulted ceiling and a sliding glass door that opens to the yard. The eat-in kitchen has white cabinets, granite countertops, adjacent to the sunroom with a sliding glass door leading to the deck. Additionally, there is a full bath on this level. The second floor consists of two nice sized bedrooms with ample closet space, a smaller third bedroom or office, & a hallway bath. The home includes a one-car garage underneath & additional parking for two cars in the driveway. The beautiful yard is filled with mature evergreens and trees & abuts Bud Orne Park. Close to Stramski and Grace Oliver Beach & easy access to Salem.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017