47 Gingerbread Hill
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 31, 2019 | Sold | ||
| Sold | |||
| Jun 26, 2018 | Listed by Sagan Harborside Sotheby's International Realty | $1,555,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| Jul 7, 2016 | Sold | ||
| Sold | |||
| Apr 19, 2016 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $1,699,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
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Exceptional family home in idyllic location. This south-facing, beautifully maintained home with 4 bedrooms and 3 ½ baths has all the amenities.The lovely, well-equipped kitchen with ample storage adjoins the family room with floor-to-ceiling fieldstone fireplace. The covered mahogany deck, which extends living space outdoors during summer months, overlooks professionally designed blue-stone patios, lawn with irrigation system, specimen trees, perennial gardens, and mature plantings. The sunny, spacious rooms and wetbar with exterior access make his home ideal for entertaining. Walk-out lower level features office, play/exercise room, and generous storage. Elevator serves all floors. Top-notch updates include an ensuite master spa with radiant heat, 2-person Jacuzzi, and steam shower; 2 renovated baths; architectural shingles; high-efficiency heating system; and full insulation. Abuts 42-acres of conservation land. Walk to many scenic vistas in Marblehead, swim at Grace Oliver's beach.
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| Jun 13, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017