42 Massasoit Ave
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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by New Year Realty | $599,000 | |
| Listed by New Year Realty | |||
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Welcome to 42 Massasoit Ave, a lovingly maintained 3BR bungalow in the convenient Kenberma area. Enjoy the ocean breezes in your lovely backyard garden, or take a short walk to Nantasket beach. This turn-key home boasts many updates including newer kitchen with Silestone countertops, outdoor shower, and roof. Second floor primary with custom closets and windows facing both ocean and bay allowing for wonderful breezes. Other amenities include high ceilings, HW floors, ceiling fans in each room, front porch, and back deck to host cookouts. A flex LL room is fully insulated which could be an office, recording studio, or game room. A fully fenced in back yard provides space for games, or pet play area. Enjoy the lively community of Hull that offers multiple choices of restaurants, shopping, and commuter ferry. Showings begin at OH Thur July 11th 4PM-7PM, Sat July 13 12PM-2PM, and Sun July 14 12PM-2PM.
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| Jul 13, 2012 | Sold | ||
| Sold | |||
| May 31, 2012 | Listed by New Year Realty | $269,900 | |
| Listed by New Year Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017