4 Sandpiper Lane
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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Listed by J. Barrett & Company | $575,000 | |
| Listed by J. Barrett & Company | |||
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Less is now. The Tiny Home revolution has come to Manchester-by-the-Sea offering a flair for sophistication and style. This brand new 2-story high efficiency jewel box is steps to the beach and well designed for maximum use.This unit has a balcony (with water views!) and two parking spots. Main level features a stylish kitchen with quartz countertops, stainless appliances, a dedicated pantry, half-bath, and adjacent living room space.The upstairs primary suite includes a full bath, bonus closet and/or office, and laundry space. Each deeded home has private parking, outside sitting area with outdoor shower-ready plumbing, central a/c; all with the added bonus of Magnolia Beach, Kettle Cove, and Surf Park next door. There’s luxury in simplicity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017