42 Tupelo Road
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 18, 2018 | Sold | ||
| Sold | |||
| May 9, 2017 | Listed by Gibson Sotheby's International Realty | $1,125,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Located on a private and quiet cul-de-sac street, this magnificent center entrance colonial on Phillips Point boasts graceful archways, crown mouldings and gleaming hardwood floors. A stroll to two beaches, it offers 3 floors of flexible living space. Walls of glass flood the home w/natural light and views of a professionally landscaped park-like setting & peeks of the ocean. The impressive foyer welcomes you to a beautiful living room w/fireplace, gracious connected dining room & east-facing sunrooms awash with ocean breezes. The elegant wood-paneled library w/fireplace & coffered ceiling offers a cozy retreat from the bustle of the day. A spacious kitchen opens to large deck that is perfect for relaxing & outdoor dining.
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| Mar 7, 2007 | Sold | ||
| Sold | |||
| Jan 12, 2007 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $1,175,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017