37 Cape Andover
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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.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 30, 2020 | In contract | - | |
| In contract | |||
| Jan 28, 2020 | Listed | $4,525,000 | |
| Listed | |||
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Experience ultimate coastal living with this Cape Cod style home boasting a front-row, bluff top location in the picturesque Castaways community. This residence is complete with two masters, five baths, arts and crafts room, and more. The rear yard features a solar-heated Pebble Tec pool and is lined with beautiful rose gardens, which create a relaxed setting to complement the views of Fashion Island, Back Bay, and the ocean. A luxurious gourmet kitchen presents top-of-the-line Viking appliances, a Sub-Zero refrigerator, marble countertops, and bar seating at the oversized kitchen island. The main master suite, found on the upper level, features its own private viewing deck, an impressive walk-in closet, and a gorgeous en suite master bathroom. Also on the second floor are Jack and Jill bedrooms along with a separate corner family room, doubling as an entertainment room. Other notable features include a 375-gallon custom saltwater aquarium, finished 2.5 car garage with workbench and built-in storage, and a custom-built children’s playhouse with built-in electrical. The home is perfectly located within the gated Castaways community, providing convenient access to world-class shopping, stunning beaches, luxurious dining and resorts, and top-rated schools, along with everything this exceptional city has to offer. The manager has listed the unit size as 4347 square feet.
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| Dec 2, 2019 | Sold | ||
| Sold | |||
| Aug 7, 2019 | Listed by Villa Real Estate | $4,595,000 | |
| Listed by Villa Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017