29 Skinners Path #C
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 |
|---|---|---|---|
| Apr 25, 2023 | Sold | ||
| Sold | |||
| Mar 23, 2023 | In contract | - | |
| In contract | |||
| Mar 15, 2023 | Listed by William Raveis R.E. & Home Services | $975,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
HARBORFRONT!! Second floor flat, two bedrooms, one and a half bath, fireplaced, waterfront condo. Direct views of Marblehead Neck and association private sandy beach. In unit washer and dryer, custom bookcases and hardwood floors. This unit is in need of updates and the possibilities are endless, imagine sitting on the balcony listening to the waves crash gently on the beach. Walking distance to the areas vast amenities including restaurants, bars, art galleries and historic old town Marblehead. Included one car parking. On site professional management provides "first class" service.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/15/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$975,000
2 Bed
2 Bath
1200 ft²
|
$950,000
-2.56%
04/25/2023
|
Eric Suhr
William Raveis R.E. & Home Services
| |
|
05/02/2007
|
2 Bed
|
2 Bath
|
1200 ft²
|
$659,000
2 Bed
2 Bath
1200 ft²
|
$602,000
-8.65%
06/27/2008
|
Carole Bouchat
RE/MAX Advantage Real Estate
| |
|
09/23/2002
|
2 Bed
|
1 Bath
|
1200 ft²
|
$575,000
2 Bed
1 Bath
1200 ft²
|
$537,500
-6.52%
11/01/2002
|
Gloria Gutwirth
Coldwell Banker Residential Brokerage - Marblehead
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017