3 Waterside Lane #A
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 29, 2014 | Sold | ||
| Sold | |||
| May 9, 2014 | Listed by Vadala Real Estate | $347,500 | |
| Listed by Vadala Real Estate | |||
| | |||
|
Live life on woodlands lined Waterside Lane leading to Freshwater Cove for all kinds of waterplay just steps away! Enter this townhouse style condo, that feels like a three-story single family home, through the newly built covered portico and foyer...a soaring-ceilinged fireplaced living room with gleaming hardwood floors and elegant open staircase welcomes one. Step up to the formal dining room area with sliders to a large two- tier deck overlooking the rear garden rimmed with a great Cape Ann granite ridge. Kitchen with breakfast bar and laundry and half bath complete the main level; the recently finished lower level offers options for large family room and craftsroom/office with exterior egress or in-law/teenage suite to complement the two bedrooms and full bath upstairs. Located on the Magnolia/Manchester side of Gloucester with easy access to commuter train and highway. Turn-key condition and no monthly fees!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/09/2014
|
2 Bed
|
2 Bath
|
1729 ft²
|
$347,500
2 Bed
2 Bath
1729 ft²
|
$320,000
-7.91%
07/29/2014
|
Marilyn Hyde
North Shore's Gold Coast Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017