43 Horseshoe Bend 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 |
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| May 30, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | In contract | - | |
| In contract | |||
| Mar 29, 2023 | Listed by Property Cape Cod | $429,000 | |
| Listed by Property Cape Cod | |||
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While the septic has failed and the existing home is likely a tear down, there is potential for new construction or complete renovation, with septic engineering plans readily available upon request. The buyer will be responsible for septic installation. This location offers unparalleled beauty and serenity, with stunning views of the sunrise on Ashumet Pond. Water enthusiasts will love the opportunities for swimming, boating, fishing, paddle boarding, kayaking, and oh-so-much more. If you have vision, this is a rare chance to create your own lakefront sanctuary, whether by renovating the existing home or building a brand new custom home. Obtaining stairs and a dock can be a simple process by following the appropriate conservation protocols. Or, adjacent buildable waterfront lot #37 already has a dock and is available for sale separately, offering even more possibilities to create your own expansive lakefront compound on Cape Cod where every day is your vacation!
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| Jan 30, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 17, 2022 | Listed by Property Cape Cod | $499,000 | |
| Listed by Property Cape Cod | |||
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There’s nothing quite like watching the sunrise over the lake, the soft glow reflecting over the glistening water and the quiet beauty of the environment that surrounds you. Whether you’re a fan of water recreation such as swimming, motor boating, paddleboarding, water skiing, tubing or kayaking or are an early-morning angler, everyday is your vacation. If you have the vision, you will see this is a rare opportunity to create your own dream waterfront oasis on Ashumet Pond. The house here on #43 Horseshoe Bend Way would need to be completely renovated, or custom build a new home. In addition, adjacent buildable waterfront lot #37 is also separately for sale together the land that abuts it to the right: #33. #37 has an existing cottage or custom build, or build a large garage at #33 with potential for accessory dwelling. Ideally, own all 3 waterfront lots as a compound. These 3 lots have been owned by the same family since the 1950s and it is time to pass the torch. Being sold “AS IS.”
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017