308 Phillips Road
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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | Listed by Realty Executives Boston West | $1,399,900 | |
| Listed by Realty Executives Boston West | |||
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The "SEA LA VIE" beach house! This impeccably updated Coastal Home sits across from a deeded, private, barrier beach on Cape Cod Bay. An expansive covered porch w/comfy porch swing perfect for napping. Wrap around deck offers privacy, marsh views, natural gas fire pit. Impeccably renovated! Kitchen boasting Bosch appliances. An open living room & dining room is bright & airy with cathedral ceilings and gas fireplace for those chilly Cape Cod nights. Large loft w/skylights and peek-a-boo views of Cape Cod Bay, presently a home office, but plenty of room for sleeping area. The expansive master bedroom includes tasteful en-suite and a Juliette balcony. The walk out basement has a private office area (could be used as a workout room) with sliders accessing the backyard and a large custom outdoor shower. Two car garage, 2 driveways, 12 cars off street parking, large storage shed, recent natural gas generator. The home is being offered turnkey. Be in and enjoy the 2024 Summer season.
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| Aug 10, 2018 | Sold | ||
| Sold | |||
| Feb 2, 2018 | Listed by Realty Executives Boston West | $575,000 | |
| Listed by Realty Executives Boston West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017