39 Middle Rd.
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 |
|---|---|---|---|
| Sep 22, 2016 | Sold | ||
| Sold | |||
| Jul 2, 2016 | Listed by The Martin Group, Inc. | $125,000 | |
| Listed by The Martin Group, Inc. | |||
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Summer cottage on Conomo Point on leased land. 20-year lease by the Town starting January 2017. This cottage has been nicely rehabbed inside. Hardwood floors, open floor plan, gas stove in living room. Screened porch and large deck to enjoy entertaining family and friends. Neat and clean and ready to move in. Water views across from Clammer's Beach. Enjoy swimming, boating, fishing from the most beautiful spot on the North Shore. Great income property. Lease will be $8,025.00 a year starting January 1, 2017.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017