48 Portside Drive #84
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%.
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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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by Kinlin Grover Compass | $569,000 | |
| Listed by Kinlin Grover Compass | |||
| | |||
|
Move right in to this exquisitely upgraded and thoughtfully designed Vineyard style end unit at Southport, Cape Cod's premier 55+ Active Adult Community. This true open concept floor plan offers gleaming wood floors throughout and many upgrades. The bright and open custom kitchen features new granite countertops, a tile backsplash, upgraded cabinets, and stainless steel appliances. Unique to this style you will find a spacious pantry and a roomy breakfast bar with plenty of additional storage. The dining area offers a Palladian window and cathedral ceiling, while the cozy living area features a gas fireplace and leads to an expansive deck with a private view. The primary bedroom offers a custom designed walk in closet with shelving and a fully renovated private full bathroom with a walk in tile shower w/ glass door and new washer & dryer. Down the hall you will find a private guest bedroom and upgraded guest bathroom. The lower level features a finished room ideal for a home office or
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| Sep 9, 2014 | Sold | ||
| Sold | |||
| May 15, 2014 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $309,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Enjoy Southport in this Vineyard Model which provides one floor living and a private master bedroom suite with its own private bath and walk-in closet. This unit was recently painted and has some new carpeting as well as new wood laminate flooring in the kitchen. This is one floor living at its best and the Southport amenities are just fantastic. Play golf for free on the 9 hole private executive course. Swim year round in an indoor pool. And there is more!
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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 |
|---|---|---|---|---|---|---|---|
|
02/27/2024
|
2 Bed
|
2 Bath
|
1338 ft²
|
$569,000
2 Bed
2 Bath
1338 ft²
|
$570,000
+0.18%
04/01/2024
|
Ann Quinlin
RE/MAX Real Estate Center
| |
|
09/01/2022
|
2 Bed
|
2 Bath
|
-
|
$529,000
2 Bed
2 Bath
|
-
-
|
Jaime Rapoza
William Raveis R.E. & Home Services
| |
|
01/13/2023
| |
2 Bed
|
2 Bath
|
1481 ft²
|
$499,900
2 Bed
2 Bath
1481 ft²
|
-
-
|
Mike Amaru
Keller Williams Realty
|
|
05/15/2014
|
2 Bed
|
2 Bath
|
1338 ft²
|
$309,000
2 Bed
2 Bath
1338 ft²
|
$290,000
-6.15%
09/09/2014
|
Leonard O Leary
Seagrass Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017