28 North Way
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 |
|---|---|---|---|
| Aug 16, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | In contract | - | |
| In contract | |||
| Jun 3, 2023 | Listed by Priscilla Stolba RE | $749,000 | |
| Listed by Priscilla Stolba RE | |||
| Oct 26, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| May 19, 2022 | Listed by Cape Cod Real Estate Services | $699,000 | |
| Listed by Cape Cod Real Estate Services | |||
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Location, location! This Cape style home is located in the Sandalwood Village of New Seabury and is close to Mashpee Commons which offers both wonderful shopping and dining! South Cape Beach on Nantucket Sound is a short drive away! This home offers a cathedral Living Room w/fireplace, dining area with hardwood floors and slider overlooking the private deck and rear yard. There is also a separate Dining Room and spacious 1st floor Bedroom (large enough to be used as a primary Bedroom). The enclosed heated porch offers warmth and enjoyment all year long! The skylit second floor Bedroom suite has a private, spacious skylit bath. The lower level offers approximately 1,000 sq feet of additional finished living space and includes a home office and fireplaced Family Room! Multi-zone natural gas heat. 1 car garage.YEARLY ASSOCIATION FEE IS $550 Seller credit of $10,000 for roof replacement.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017