30 Sippican Ln
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 |
|---|---|---|---|
| Jan 31, 2018 | Sold | ||
| Sold | |||
| Nov 29, 2017 | Sold | ||
| Sold | |||
| Oct 20, 2017 | Listed by Robert Paul Properties, Inc. | $3,400,000 | |
| Listed by Robert Paul Properties, Inc. | |||
| Oct 6, 2014 | Sold | ||
| Sold | |||
| Feb 26, 2014 | Listed by Howe Allen Realty | $1,795,000 | |
| Listed by Howe Allen Realty | |||
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Let your Summer memories begin with sweeping views across Planting Island, Sippican Harbor and Buzzards Bay over lush lawn and sandy beach. The slow drive down the lane opens to this view and the gracious home that embraces it. Perhaps a light sail in the morning from the dock, and dinner on the screened porch with a gorgeous sunset await you? Guests? Lots of space in this sprawling, open floor plan for family and friends, even a first floor suite with full bath (could readily be converted to a first floor master). The estate-like property on 2.5 acres of waterfront land is privately set among homes of equal caliber, creating an exclusive enclave on the water. The adjacent association dock and boathouse are excellent facilities shared by just a few families. Come, have a look for yourself and let this legacy property enchant and bring life to your dreams of a special summer place to call home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017