5 Mashnee 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%.
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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 8, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by A Cape House.Com | $545,000 | |
| Listed by A Cape House.Com | |||
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Fantastic ranch, nicely updated, and with the best deck around! Walk about 1/10th of a mile in one direction to Gray Gables Beach and in the other direction to the causeway to Mashnee Island, locally referred to as the Dike, and this is a mile long stretch with beach on either side. Open kitchen, dining, living area. Updated kitchen with granite counters. 3 bedrooms and 1 bath all on this level. Finished basement has a half bath, laundry, storage, playroom, utility room. There is a shed and yard and enclosed outdoor shower. Natural gas heating and central AC. Wood floors throughout. Plenty of closets. Current owner has lovingly cared for the home and over the years replaced the heating system and added the AC, replaced basement windows, replaced roof on house and shed, installed new driveway, had house painted, replaced kitchen appliances and countertop, and built the covered deck. There is a gas connection for grill on deck. Property is being sold furnished.
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| Dec 23, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017