50 Mussel Point Road
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 |
|---|---|---|---|
| Jan 22, 2020 | Sold | ||
| Sold | |||
| May 15, 2019 | Listed by Engel & Volkers By the Sea | $3,900,000 | |
| Listed by Engel & Volkers By the Sea | |||
| Jul 20, 2010 | Listed by LandVest, Inc. | $3,950,000 | |
| Listed by LandVest, Inc. | |||
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Located at the ocean's edge with views of Gloucester Harbor Eastern Point and Atlantic. This Gloucester, Massachusetts property features large open living areas, four bedrooms, and a private 1.4-acre setting. The picturesque, landscaped setting boasts expansive lawns leading down to new england's famous rocky shoreline.
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| Jun 30, 2000 | Sold | ||
| Sold | |||
| Mar 15, 2000 | Listed by LandVest, Inc., Manchester -by-the-Sea | $3,400,000 | |
| Listed by LandVest, Inc., Manchester -by-the-Sea | |||
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FINANCIAL PREQUALIFICATION AND 24HR NOTICE TO SHOW. LOCATED AT OCEAN'S EDGE WITH VIEWS TO GLOUCESTER HARBOR, EASTERN POINT, AND ATLANTIC. PRIVATE SETTING FEATURES BEAUTIFULLY LANDSCAPED LAWNS AND LARGE OPEN LIVING AREAS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017