38 Hydrangea Ln #38
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 |
|---|---|---|---|
| Jun 3, 2020 | Sold | ||
| Sold | |||
| Mar 30, 2020 | Listed by Coldwell Banker Realty - Marion | $899,000 | |
| Listed by Coldwell Banker Realty - Marion | |||
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Stunning oceanfront free-standing two bedroom condo in Maushop Village in New Seabury. Unobstructed views of Nantucket Sound and direct access to deeded beach. Beautifully renovated kitchen, bathroom and loft. Light and bright with pine flooring throughout and all new windows. This turnkey property is the perfect getaway. Furniture, TV’s and W/D are all new. Front entryway and stone walkway were redone. Assigned parking spot. Outdoor brick patio with seasonal landscaping. Seller has approved plans for basement addition if the buyer is interested. New Seabury offers a variety of club memberships. Buyer or buyer’s realtor are responsible for all due diligence. Be sure to take the virtual tour!!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/30/2020
|
2 Bed
|
1 Bath
|
672 ft²
|
$899,000
2 Bed
1 Bath
672 ft²
|
$885,000
-1.56%
06/03/2020
|
Susie Mele
Berkshire Hathaway HomeServices Robert Paul Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017