337 Phillips 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 |
|---|---|---|---|
| Jul 7, 2017 | Sold | ||
| Sold | |||
| Jan 2, 2017 | Listed by Beach Realty | $800,000 | |
| Listed by Beach Realty | |||
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This quintessential water front beach house on private sugar sand Sagamore Beach needs a new owner. Meticulously maintained, this property has been in the family for almost 30 years but it is time to let go. The property is three bedrooms, one bath, partially finished heated basement, huge wrap around deck, and offers panoramic views of Cape Cod Bay from the White Cliffs of Plymouth to the East end of the Cape Cod Canal and beyond. In fact, on a perfect day, you can see Chatham Light and the Pilgrim Memorial in Provincetown. Perfectly located to avoid the Bridge traffic yet so close to area amenities that include Scusset State Beach & Park, the Cape Cod Canal bike path, the Fish Pier, and the many fine local restaurants. The Beach out your front door is amazing with perfect sand, typical tide swings of 8-10 feet offering expansive low tide sand bars for the family’s enjoyment. Anderson windows, back up generator, and new septic in 2016.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017