468 Point 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 |
|---|---|---|---|
| May 9, 2013 | Sold | ||
| Sold | |||
| Mar 15, 2011 | Listed by Engel & Volkers, South Shore | $2,250,000 | |
| Listed by Engel & Volkers, South Shore | |||
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Enjoy complete privacy on over 7 acres with 3,400 square foot 5 bedroom contemporary and separate 2 bedroom guest cottage on the east side of Sippican Harbor and Planting Island Cove. Private dock and protected mooring field within immediate access to the open waters of Buzzards Bay. Small beach area as well as opportunities to create a swimming pool, tennis court and family compound. A few minutes from Kittansett Golf Club, the Beverly Yacht Club and Sippican Tennis Club. Approved subdivision.
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| Mar 19, 2009 | Listed by Landmark Holdings Co. | $2,950,000 | |
| Listed by Landmark Holdings Co. | |||
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Direct waterfront with 7+ acres and approximately 300 feet of shore frontage on Planting Island Cove and outer harbor. Southwest elevation offers prevailing summer breeze and sunset views. Private dock on protected cove anchorage and small beach area. Separate 900 square foot two bedroom guest cottage. Capable of being subidvided.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017