5 Boulder Ave #5
About This Property
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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.
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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 |
|---|---|---|---|
| Jul 30, 2018 | Sold | ||
| Sold | |||
| May 8, 2017 | Listed by Coldwell Banker Realty - Manchester | $859,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
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The Oceanfront Residences at Shorecliff is a Windover Construction Complex. This beautiful Town Home with ocean views that increase seasonally was built in 2013. The open concept Living Room, Dining Room and gourmet Kitchen feature wood floors throughout, a gas fireplace and open onto a deck. This 3 Bath and 3 Bedroom home includes a Master Suite with its own private second floor deck. Walk in to the custom mudroom from a two car first level attached garage. A three season sunroom has screens for summer use and glass panels for cooler weather. The well maintained grounds and common area include a beautiful garden park that faces the ocean, and walking paths. The unique stonewalls and stone stairs that accent the grounds were part of the original circa 1900 Estate. Ideally located on the coast in Magnolia Village this lovely home is close to the beach, shops, & Restaurants. A rare opportunity!
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| May 22, 2014 | Sold | ||
| Sold | |||
| Jun 8, 2013 | Listed by J. Barrett & Company | $899,000 | |
| Listed by J. Barrett & Company | |||
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SUBSTANTIAL PRICE REDUCTION. Two new attached homes built by Windover Development are ready for occupancy. Designed to echo the Victorian homes in Magnolia, they face easterly up the North Shore coast of Cape Ann. Crashing waves and cooling Atlantic Ocean summer breezes makes this one of the most delightful locations on earth. The condominium is comprised of 8 units and a charming park with pond facing the ocean for all owners and their guests to enjoy. Each unit has 3 bedrooms and 3 baths with outdoor balcony, screen porch, a deck and 2 car garage. The surrounding stunning stone walls and stone stairways were a part of the original 1900's estate. The high quality design and construction, proximity to beaches, fine dining and lifestyle of the North Shore make the Residences at Shore Cliff your place to relax and unwind.
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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 |
|---|---|---|---|---|---|---|---|
|
05/08/2017
|
3 Bed
|
3 Bath
|
2179 ft²
|
$859,000
3 Bed
3 Bath
2179 ft²
|
$859,000
07/30/2018
|
Michele Vivian
J. Barrett & Company
| |
|
06/08/2013
|
3 Bed
|
3 Bath
|
2179 ft²
|
$899,000
3 Bed
3 Bath
2179 ft²
|
$805,000
-10.46%
05/22/2014
|
Michele Vivian
J. Barrett & Company
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017