5 EPPING Avenue
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 |
|---|---|---|---|
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by The Snyder Realty Group | $391,000 | |
| Listed by The Snyder Realty Group | |||
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{Salt Life} Year-Round Single family home on Ocean Boulevard with the beach at the end of Epping Avenue just over the dune area to Hampton State Park and the Atlantic Ocean. Offers two driveways and a fully fenced-in yard. This quaint New Englander has 3 bedrooms, 2 baths, two enclosed porches, hardwood flooring, and a partially finished basement. The partially finished basement is in need of work but has great potential. Epping Ave is a two-way street and allows you to go north or south on the boulevard for your convenience. Sidewalks in front go north along Ocean Boulevard to Plaice Cove Beach mostly along the waterfront with beautiful sunrise and sunsets. If you are looking for a beach house that you can use all year long, look no further. If you are an investor this is a great opportunity to create future wealth. The home is on leased land from the Town of Hampton. The lot rent is 2% of the assessed land value and you pay taxes on both the land and the building. You are able to purchase the land from the Town of Hampton. the land price to be determined upon appraisals performed by both the town and new owner, until the town will execute a new land lease agreement prior to closing. The seller is selling this parcel as a building structure only. It is buyer's responsibility to research and purchase the land after the sale of the building structure is completed.
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| Oct 19, 2017 | Sold | ||
| Sold | |||
| Aug 23, 2017 | Listed by Preston Real Estate | $279,000 | |
| Listed by Preston Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017