1
Map
4 CAPE MAY PLACE
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 |
|---|---|---|---|
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | No longer available | - | |
| No longer available | |||
| May 10, 2021 | In contract | - | |
| In contract | |||
| Apr 28, 2021 | Listed | $414,900 | |
| Listed | |||
| | |||
|
Absolutely Stunning Sandpiper model home located in the premier 55 plus community of Ocean Pines is available now for your immediate enjoyment! This MOVE IN READY 4 bedroom 3 bath home features a new architectural shingle and roof with a 50 year warranty, new skylights, and new HVAC system with programmable thermostat. Upon entering this home you are greeted by a formal living room, dining room with hardwood floors and crown molding. Spacious sun filled great room will amaze you with soaring ceilings, skylights and located right off kitchen wonderful for entertaining! A chef designed kitchen will delight the family chef with beautiful Corian countertops, breakfast bar, upgraded kitchen cabinets with pull outs, newer stainless steel appliances, hardwood floors and loads of counterspace. Relax in your Primary Suite with French doors, tray ceilings, double closets and luxurious bath which boasts a 5 foot soaking tub, seated ceramic tiled shower, double vanities and large linen closets. Enjoy anytime of the day in the expansive screened in porch with 3 season vinyl tech windows backing to the privacy of the trees! Home has plenty of room for family and friends with a large loft area, bedroom and full bath. Home is complete with front load washer and dryer, laundry tub and oversized two car garage . Perfect location to walk to restaurants, bagel shop, dog park, community playground and much more. Enjoy the private amenities in the Parke as well as all the amenities of Ocean Pines. Only minutes to the Beaches of Ocean City MD! Please don't wait this is a must see home and will sell quickly. The manager has listed the unit size as 2808 square feet.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Ocean Pines
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,900 /mo
- 4 Beds
- 3 Baths
- 2,700 ft²
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,344 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017