35 Wharf Path #B
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 |
|---|---|---|---|
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | In contract | - | |
| In contract | |||
| Sep 5, 2023 | Listed by William Raveis R.E. & Home Services | $929,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Rare offering at the highly regarded "Glover Landing" Harborfront condominium complex. First floor, RENOVATED, two-bedroom, one full bath FLAT!! This unit boasts fabulous sunlight, gleaming hardwood floors, carpeted bedrooms, one full bath with easy access shower, and a custom picture window which frames the view of the iconic Marblehead Lighthouse. Covered deck offers great privacy while gazing at the harbor and association private sandy beach below. Chefs' kitchen with stainless appliances and granite counter tops surround the expansive storage and custom cabinetry. Recessed lighting accent the handcrafted wood burning fireplace mantle. This exceptional condo also has one car assigned parking; additional parking can be potentially rented from the association. On site management provides extremely high level of client service. Walking distance to Historic Marblehead and the areas vast amenities.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/05/2023
|
2 Bed
|
1 Bath
|
1200 ft²
|
$929,000
2 Bed
1 Bath
1200 ft²
|
$860,000
-7.43%
10/20/2023
|
Eric Suhr
William Raveis R.E. & Home Services
| |
|
04/03/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$589,000
2 Bed
2 Bath
1200 ft²
|
$570,000
-3.23%
09/20/2019
|
Sussi Danforth
Coldwell Banker Realty - Marblehead
| |
|
10/12/2015
|
2 Bed
|
1 Bath
|
1200 ft²
|
$520,000
2 Bed
1 Bath
1200 ft²
|
$509,000
-2.12%
11/19/2015
|
Patricia Kane
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017