388 Marion Rd
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 |
|---|---|---|---|
| Sep 25, 2023 | Sold | ||
| Sold | |||
| Jul 15, 2023 | In contract | - | |
| In contract | |||
| Jun 17, 2023 | Listed by Conway - Wareham | $1,200,000 | |
| Listed by Conway - Wareham | |||
| Aug 31, 2022 | No longer available | - | |
| No longer available | |||
| May 4, 2022 | Listed by Keller Williams - Plymouth | $1,200,000 | |
| Listed by Keller Williams - Plymouth | |||
| | |||
|
Iconic waterfront property on the Weweantic River with direct access to Buzzards Bay which includes vintage mid-century 7 room motel. Historic Briarwood Beach motel is being offered for the first time in almost 50 years. The main house offering almost 3,000 sq. ft. of living space featuring a large living room with fireplace, dining & eat-in kitchen. 4 spacious bedrooms & 2 sun porches with stunning views of the water & spectacular sunsets. Walkout lower level with double doors for ease of deliveries & home office. This area is also known for some of the best striper fishing along the East Coast. Possibility of 2 moorings being available, pending harbor master approval. Gas heat, town water/sewer. Don't miss out on this wonderful opportunity to own a very special piece of history. Buyers/Buyers agent to verify all information contained herein. The manager has listed the unit size as 4320 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017