40-D Maynard Ln #40D
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 |
|---|---|---|---|
| May 26, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by Keller Williams Elite | $230,000 | |
| Listed by Keller Williams Elite | |||
| | |||
|
DIRECT WATER FRONTAGE with sandy beach on Buttermilk Bay at this freestanding year round cottage in Hideaway Village! Very sweet beachside community. Enjoy your morning coffee on the deck while taking in the panoramic water views and the smells of the ocean air from your private deck. Private deeded beach rights, playground with an area to set up a volleyball net or badminton net. Restaurants and shopping nearby and you don’t have to cross the bridge. This little charmer will be very difficult to resist! Current owner has rentals lined up through the 2021 summer season with the exception of two weeks in July. Most furnishings are negotiable. Estimated rental income per seller is approximately $9,000. First right of refusal on all offers. Buyer/Buyers agents to verify all information within.
| |||
| Jul 1, 2015 | Sold | ||
| Sold | |||
| Aug 17, 2014 | Listed by Shoreland Realty Group | $209,900 | |
| Listed by Shoreland Realty Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2021
|
1 Bed
|
1 Bath
|
486 ft²
|
$230,000
1 Bed
1 Bath
486 ft²
|
$310,000
+34.78%
05/26/2021
|
Lisa Pazol
Keller Williams Elite
| |
|
08/17/2014
|
1 Bed
|
1 Bath
|
486 ft²
|
$209,900
1 Bed
1 Bath
486 ft²
|
$190,000
-9.48%
07/01/2015
|
Paul Bernardi
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017