45 Green Needle Lane #18
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 10, 2021 | No longer available | - | |
| No longer available | |||
| Jul 28, 2021 | Listed | $525,000 | |
| Listed | |||
| Apr 15, 2020 | In contract | - | |
| In contract | |||
| Apr 7, 2020 | Listed | $449,000 | |
| Listed | |||
| | |||
|
Amazing quiet location in beloved Ogunquit village area East of Route 1, on private lane. The beach and all Ogunquit has to offer are within an easy 3/10 mile via back streets. No Route 1 traffic! Deeded ROW access to water within 200 feet from the condo, perfect for paddle boarding, kayaking and cooling off. This year-round condo offers first floor living with 2 bedrooms and 2 full bathrooms, lovely screened sun porch, large storage locker, coin-op laundry, dedicated parking space plus shared guest parking. Freshly painted throughout and new hot water heater. Opportunities in this well run, pet-free condo association are rare. Time to own and enjoy your piece of Ogunquit!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/03/2024
| |
2 Bed
|
2 Bath
|
1141 ft²
|
$675,000
2 Bed
2 Bath
1141 ft²
|
-
-
|
Gail Bergeron
The Aland Realty Group, LLC
|
|
07/28/2021
|
2 Bed
|
2 Bath
|
-
|
$525,000
2 Bed
2 Bath
|
-
-
|
Donald Wunder
RE/MAX Realty One
| |
|
05/11/2021
|
1 Bed
|
1 Bath
|
-
|
$298,000
1 Bed
1 Bath
|
-
-
|
Troy Williams
Keller Williams - Portsmouth
| |
|
09/24/2020
|
1 Bed
|
1 Bath
|
-
|
$299,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
12/08/2019
|
2 Bed
|
2 Bath
|
-
|
$449,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/20/2019
|
1 Bed
|
1 Bath
|
-
|
$297,500
1 Bed
1 Bath
|
-
-
|
-
| |
|
09/28/2018
| |
1 Bed
|
1 Bath
|
520 ft²
|
-
1 Bed
1 Bath
520 ft²
|
-
-
|
-
|
|
08/01/2016
|
1 Bed
|
1 Bath
|
542 ft²
|
$244,900
1 Bed
1 Bath
542 ft²
|
$230,000
-6.08%
01/30/2017
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017