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 | |||
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Absolutely idyllic location with stunning finishes on the inside! Literally minutes to Ogunquit Beach and Downtown by foot, giving you the best of both worlds. Once you enter the front door you will quickly see every inch has been tastefully renovated so all you have to do is move into this first floor oasis. Kitchen was completely gutted, inset soft close cabinets and drawers, Cambria quartz countertops, high end GE appliances, Fisher & Paykel double drawer dishwasher and dual beverage fridge are some of the highlights. At a time when renovation costs are sky high and finding contractors becomes harder and harder, here is your opportunity to step inside this Oceanside Condominium with nothing but your overnight bag. Sit back and enjoy the views from one of the adirondack chairs on the plush lawn or grab your kayak and head to the Ogunquit River via the right of way from your unit. Come enjoy this heavily owner occupied community, sit back, relax and enjoy the view!
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| Apr 15, 2020 | In contract | - | |
| In contract | |||
| Apr 7, 2020 | Listed | $449,000 | |
| Listed | |||
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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