32 Nautical 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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Sep 29, 2024 | Listed by Sotheby's International Realty | $590,000 | |
| Listed by Sotheby's International Realty | |||
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In the heart of Hyannis, some of the finest writing on Cape Cod has taken place in this home - this is where the Cape's beloved author Casey Sherman grew up, and wrote much of his New York Times Bestseller, The Finest Hours. A special home with special memories! Step into the living room of this three-bedroom ranch; you'll see fine hardwood floors throughout. The primary suite off to the right has its own separate piece of privacy. A light dining area features built-in shelves reminiscent of the Arts & Crafts movement, and windows that bring in lots of light. While the kitchen would like some upgrades, it too is light and airy, with a back door out to a huge back deck. Deck and private backyard have SO MUCH potential. Yes, they're in need of TLC, but there is ample space for entertaining, and privacy. There's two sheds for storage, plus oversize garage and full basement. .4 miles to Keyes Beach and less than a mile to Main St.; a great rental income opportunity! Home being sold AS IS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017