3 Hydrangea Ln #3
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%.
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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 |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Sep 10, 2023 | In contract | - | |
| In contract | |||
| Sep 5, 2023 | Listed by William Raveis R.E. & Home Services | $699,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Welcome to Hydrangea Cottage! This quintessential, Nantucket-style free-standing cottage with private ocean beach 200 yards at the end of the street is one of the first cottages built in New Seabury's Maushop Village. Having been fully renovated in 2018, this tastefully decorated cottage boasts luxurious finishes to ensure maximum comfort. This vacation or year-round home offers two first floor bedrooms. The first bedroom offers a queen size bed while the second bedroom has two side by side twin beds that join to make a king size bed. The bathroom is on the first floor and offers a walk-in shower. There is an additional fully enclosed outdoor shower that offers hot/cold plumbing and a foot rinse station. The loft space, which is only accessible by an original ships ladder, offers a queen size bed. This Condo is being sold fully furnished. The low monthly condo fee is $280.00 for 2023.
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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 |
|---|---|---|---|---|---|---|---|
|
09/05/2023
|
2 Bed
|
1 Bath
|
586 ft²
|
$699,900
2 Bed
1 Bath
586 ft²
|
$750,000
+7.16%
09/29/2023
|
Paul Bernardi
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017