3 Cranberry 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 |
|---|---|---|---|
| Aug 30, 2024 | No longer available | - | |
| No longer available | |||
| Jul 1, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 28, 2024 | Listed by Compass | $499,900 | |
| Listed by Compass | |||
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Welcome to 3 Cranberry Road, this charming two-bedroom ranch is the perfect place to spend summers or year-round. Nestled on a serene street in Buzzards Bay this is a great spot to take advantage of all the area has to offer. Enjoy beautiful water views of Buttermilk Bay right from the front lawn or visit nearby Queen Sewell Pond which has a quaint sandy beach. As you enter the home you will instantly notice the cozy living room with a gas fireplace and painted wood floors reminiscent of a traditional Cape Cod cottage. The kitchen features updated stainless steel appliances and butcher block countertops. The kitchen flows to a large dining area, which is perfect for entertaining. This space can also be used as an additional living room and leads to a fenced in backyard, which features a deck where you will enjoy the afternoon breezes coming off Buzzards Bay. In addition, the owners have made many key upgrades such as an HVAC system, a whole house generator, roof, and much more.
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| Apr 20, 2018 | Sold | ||
| Sold | |||
| Feb 26, 2018 | Listed by revolv Real Estate | $245,000 | |
| Listed by revolv Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017