5 Douglas Drive
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $629,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Welcome to your one-of-a-kind home in Rockport! Nestled in one of Rockport's most desirable locations this barn was completely renovated 18 months ago. Step inside and be captivated by the seamless fusion of rustic charm and contemporary elements The open concept layout with vaulted ceiling and original beams invites natural light to flow through effortlessly. Prepare culinary delights in this high-end kitchen featuring sleek quartz counter tops and stainless-steel appliances. Unwind and rejuvenate in the comfort of your private deck off the main bedroom. Ascend the enchanting spiral staircase to the loft area perfect for a work at home office with storage. Beaches, downtown and state parks are less than 2 miles away. 12 'by 8' storage shed complete the yard. Plenty of parking. Make this exquisite Rockport home yours! Showings start at open house Saturday March 23, 12-2 and Sunday March 24, 12-2.
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| Jun 21, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017