320 Lower County Rd
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 12, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by William Raveis Real Estate & Homes Services | $1,250,000 | |
| Listed by William Raveis Real Estate & Homes Services | |||
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How does $100,000 in rental revenue sound? Or perhaps you'd rather add another home on the lot and turn the property into your Cape Cod family compound? These are some of the possibilities which may await you at 320 Lower County Road. Less than a mile from Sea St. Beach the home has been used for the past 3 years as a very successful short term rental property, and no wonder. It sits on almost 2 acres and includes a pool, private deck and wide open spaces to play. Inside there's enough room for multiple generations to stay and enjoy all that the area has to offer. Favorites of past guests: Sundae School Ice Cream, Pirate's Cove Mini Golf, and the Cape Cod Rail Trail to name a few.
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| Sep 9, 2019 | Sold | ||
| Sold | |||
| Apr 14, 2017 | Sold | ||
| Sold | |||
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