3 Kendrick Ave
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 |
|---|---|---|---|
| Oct 17, 2018 | Sold | ||
| Sold | |||
| Oct 11, 2018 | No longer available | - | |
| No longer available | |||
| Sep 3, 2018 | Listed | $898,000 | |
| Listed | |||
| | |||
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Beachfront with spectacular views over Wellfleet Harbor, Great Island and oh those Fabulous Cape Cod sunsets! This is a one of a kind property with so many possibilities Renovate what is here or build new. Property is zoned multifamily and need TLC but could with some work become a two attached unit home, why not live in one and rent one. Or maybe you are an artist who can make your own beautiful art and sell right from your lower level gallery. This is a unique property with so many options in a fabulous location - just use your imagination - as in some of the photos that has been virtually staged- literally right on the beach what could be better! The manager has listed the unit size as 1296 square feet.
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| May 8, 2018 | Listed by Gibson Sotheby's International Realty | $898,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| Oct 26, 2011 | Sold | ||
| Sold | |||
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