Lot 4 Lowe Way
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 |
|---|---|---|---|
| Nov 16, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
| Sep 27, 2022 | Relisted | $745,000 | |
| Relisted | |||
| Sep 16, 2022 | In contract | - | |
| In contract | |||
| May 16, 2022 | Listed by Kinlin Grover Compass | $745,000 | |
| Listed by Kinlin Grover Compass | |||
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Exceptional 1.2-acre lot in the heart of West Falmouth with frontage on the Shining Sea Bike path. Located on a quiet side street off of Chase road, this property is close to beaches along the Bay, boating in West Falmouth harbor, public and private tennis, and multiple golf courses and local shops. Take a short stroll down the bike path to the West Falmouth Market for provisions and lunch or Eulinda's Ice Cream for dessert. Take the bicycles north to explore beautiful Bourne Farm, or south to take in the west facing views and salt air through Sippewissett, and venture beyond to Downtown Falmouth and Woods Hole. Ample room on the lot to build your modern dream home within easy reach to everything Falmouth has to offer. Natural gas, town water and electrical service already on the street; this spacious lot is a rarity in Falmouth. Don't miss this terrific opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017