399 South Road
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%.
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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.
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 |
|---|---|---|---|
| Mar 18, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Keller Williams Gateway Realty/Salem | $499,000 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
| Nov 11, 2019 | No longer available | - | |
| No longer available | |||
| Oct 11, 2019 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Jun 8, 2019 | Listed | $499,900 | |
| Listed | |||
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Amazing home~perfect for a B&B or extended family! Only 6 minutes to downtown Exeter and best of all, it's in the Exeter School District! Step back in time as you pull up to this beautiful painted lady built in 1935 and lovingly restored by the current owner...who happens to be a designer! Enter through the side porch into the kitchen with hand-painted murals and stylish marble floors. New SS appliances and marble counter tops complete this lovely kitchen. The first floor contains many inviting spaces with large windows looking out onto the beautiful grounds, custom woodworking and hardwood floors in large front living room, dining room and office/library. First floor bathroom has been completely updated with white marble floors and clawfoot tub. Upstairs you will find 3 bedrooms, the master has a walk-in closet and private deck for morning coffee or evening cocktails. The finished attic is the perfect teen space or guestroom. The grounds have many entertaining spaces for your garden parties or family gatherings, including: outdoor kitchen, hot tub, fire pit, patio, pergola, carriage house perfect for an artist studio or separate office and many trails surrounding the 2.9 acres. The manager has listed the unit size as 2683 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017