349 Phillips Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Feb 23, 2024 | Listed by Sotheby's International Realty - Sandwich Brokerage | $2,995,000 | |
| Listed by Sotheby's International Realty - Sandwich Brokerage | |||
| | |||
|
The life of luxury by the Sea on Sagamore Beach. This is the perfect beachfront home you have been waiting for. Built with the highest quality details and coastal design in 2015. As you enter the foyer you are welcomed by the detailed moldings and 7 inch engineered wood floors in beach tone colors. With views from almost every room this open concept living space is picture perfect with the gas fireplace, Lewis and Weldon built ins and kitchen cabinetry, high end stainless steel appliances, over sized island with seating for four and a walk in pantry. The 1st floor master suite offers spectacular views of the bay and a luxurious bathroom with double vanities and tile shower with walk in closet. The front family room is the perfect place to relax after a day on private Sagamore Beach. Upstairs offers a second master suite with luxurious bath with tile shower, double vanity and Restoration Hardware accents.
| |||
| Dec 26, 2023 | No longer available | - | |
| No longer available | |||
| Nov 15, 2023 | Price Decreased |
$3,195,000
↓ $100K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017