480 Massasoit 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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | In contract | - | |
| In contract | |||
| Jun 8, 2024 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $1,650,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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RARE opportunity to have your own multi-unit Cape Cod Oasis, complete with heated saltwater pool, outdoor ''dream'' kitchen, built-in gazebo, outdoor bar, and outdoor fireplace! The backyard alone with its custom brick and stone work is a Must See! This unique property, custom-built by the owners, features three separate units, each with its own private entrance & outdoor space. The main unit offers a grand open concept living area on the main floor with wide-plank hickory flooring and a spectacular stone fireplace as its centerpiece. 2+ bedrooms are on the second level. This unit enjoys direct and private access to the pool and other outdoor entertainment amenities. Next is a spacious 3-bedroom 2-bath unit with its own deck, yard and outdoor shower. A private, cozy studio suite with one bedroom and full bath completes the offering. Fabulous rental history and plenty of parking. Perfect investment opportunity or for those seeking a resort-like compound for family and friends. All just
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| May 14, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017