32 MENDUM Avenue
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 |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Tate & Foss Sotheby's International Rlty | $1,295,000 | |
| Listed by Tate & Foss Sotheby's International Rlty | |||
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Dreaming of a home with a new dock for your boat, kayak, canoe, and/or SUP? Look no further, 32 Mendum Avenue in Kittery, Maine has it all! For the Ultimate Lover of the water, your own newly constructed Private Pier with Gangway and Float (4' X 100' fixed pier, 3' X 40' gangway, and 10' X 20' float) built by Riverside & Pickering Marine Contractors. It was constructed and installed in 2020 and ready to be put to use. The 1950 Cape has 4 bedrooms, 2 baths, within 3 levels of living area; 2 of which have been completely renovated in 2019/2020. The gourmet kitchen has a Sub Zero refrigerator, 1 Sub Zero refrigerated drawer, and 2 Sub Zero freezer drawers for your convenience. There is a 5-burner Wolf gas cooktop, double door GE Cafe wall oven, and a Fisher Paykel dishwasher all for your convenience. The open concept floor plan allows for extraordinary entertaining. Sited on the Piscataqua River overlooking Portsmouth, NH, you will be mesmerized by the ever-changing view. Through the large picture window, watch freighters and tug boats come and go. The master suite and laundry are conveniently located on the main living level. Walkout lower level provides additional finished space and access to the outdoor patio. Additional 3 bedrooms on the second floor. To add to the picture-perfect curb appeal, a white vinyl fence has been installed. Do not delay, scheduled showings begin Saturday, May 22, 2020.
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| Dec 6, 2018 | Sold | ||
| Sold | |||
| Sep 21, 2018 | Listed by Century 21 Newson Associates | $734,900 | |
| Listed by Century 21 Newson Associates | |||
| Mar 16, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017