371 Main Street
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 |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by ERA Cape Real Estate, LLC | $649,900 | |
| Listed by ERA Cape Real Estate, LLC | |||
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Welcome to Quail Hill. This beautiful property offers a serene and peaceful park-like setting with 1.63 acres that back onto a cranberry bog. There is potential to divide the property into 2 parcels, making it a fantastic opportunity for builders and buyers in need of ample space. The home has been in the same family for many years and has been well cared for. There is a living room, open family room/kitchen, 2 bedrooms, full bath with linen closet, and attic for storage with floor. Fir floors and space for laundry in the kitchen with hook ups. Generator and outside shower. Spacious deck and long driveway for plenty of guest parking. Additionally, a separate garage offers ample space that could be converted into a workshop or any other space that a buyer desires. Located near Harwich Conservation Lands trails and nature preserves. 2.2 miles to Earle Road Beach, also near Harwich Village stores and eateries. Buyers responsible for septic upgrade (cesspools).
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| May 23, 2000 | Sold | ||
| Sold | |||
| Feb 24, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017