5 Phillips Dr
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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | Listed by Stone Ridge Properties, Inc. | $674,900 | |
| Listed by Stone Ridge Properties, Inc. | |||
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Charming 3-bedroom, 1-bath home in Newburyport awaits its new owners! This delightful property is nestled in a sought-after neighborhood, close to Maudslay Park. Enjoy the tranquility of your surroundings while still being conveniently close to the highway for easy commuting. The kitchen opens up to a beautiful sun room with lots of natural sunlight, vaulted high ceilings, dining area and multiple sliding doors. Dive into relaxation with your own in-ground pool, perfect for hot summer days. With a well-maintained interior and a spacious fenced in yard, this home offers both cozy living spaces and outdoor entertainment options. Don't miss this opportunity to make cherished memories in your new home! First showings at open house.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017