4 Cliff Street
About This Property
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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.
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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 |
|---|---|---|---|
| Jul 9, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2019 | Listed by Molisse Realty Group LLC | $1,650,000 | |
| Listed by Molisse Realty Group LLC | |||
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A unique opportunity to have a piece of history and unparalleled views of the ocean at 40 Steps in exclusive East Point. The historic Gibson House, aka "40 Steps" is perched ideally on a 3/4 acre lot so that two sides of the house possess unobstructed views of the ocean a rare feature even in Nahant.This grand old Victorian, the summer cottage of the Gibsons of the museum in Boston has incredible moldings, soaring ceilings and the grandeur of the 1850s. Nearly 5000 sq feet, 7-8 bedrooms, 5 baths, large entertaining space with double formal living rooms, large hallways and traditional staircases are emblematic of the time The piazza remains as an enclosed porch running over 40 feet long on all sides with 20 sliders.overlooking the coastline Deed includes 1/3 share in undivided 2.12 acres across the street with co-owners. Lower level has an addtl 1300 sq feet above ground.Systems are top of the line, newer,roof is 2012. See movie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017