45 Phillips Rd
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Barrett Sotheby's International Realty | $3,495,000 | |
| Listed by Barrett Sotheby's International Realty | |||
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Gracing the shore of Cape Cod Bay, this Shingle Style retreat is a masterful blend of timeless seaside character and modern sophistication. Sweeping ocean views take center stage, casting a warm glow throughout the home. Watch the sun rise over the bay from the stately, stone-fireplaced great room or the serenity of your private primary suite. Whether you're sipping coffee on the wraparound porch, catching the breeze from the patio, or stepping onto the sandy Sagamore Beach by your private access, every moment here is steeped in quiet luxury. Spacious bedrooms are designed with comfort in mind, and a bright walk-out lower level offers flexible space for entertaining or hosting guests. A detached, two-story oversized garage—complete with its own breathtaking water views—provides exceptional potential for future expansion. Tucked in a coveted enclave just before the bridges, this home is where every day begins with a deep breath and ends with a view worth toasting
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| Nov 4, 2008 | Sold | ||
| Sold | |||
| Aug 19, 2008 | Listed | $1,999,999 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017