35 Sea Breeze Dr. Gray Gables
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 |
|---|---|---|---|
| Oct 27, 2017 | Sold | ||
| Sold | |||
| Sep 1, 2017 | Listed | $420,000 | |
| Listed | |||
| | |||
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Gray Gables Contemporary Cape - in excellent condition, and with a very versatile floorplan. First level - Cathedral-ceilinged family room with fireplace (sliders to 24' x 10' deck),living room, dining area, kitchen with breakfast island, and a bonus - large bedroom, with full bath and laundry directly across the hall. Level 2 - front to back MBR with new skylight, spacious 2nd bedroom, comfortable office, and remodeled full-tiled bath. Large full basement, with good workshop area. 3 zone irrigation system and wired for generator. Steps to Gray Gables Beach and a short bike ride to the Mashnee Dike Beach. This home is clean as a whistle and move-in ready. The rear yard is lovely and private - and just the right size. Enjoy its proximity to the beach, boating and the Cape Cod Canal. The manager has listed the unit size as 1867 square feet.
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| Aug 9, 2017 | Listed by Kinlin Grover Real Estate | $420,000 | |
| Listed by Kinlin Grover Real Estate | |||
| Mar 2, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017