51 Brackett 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 |
|---|---|---|---|
| Sep 3, 2019 | Sold | ||
| Sold | |||
| May 28, 2019 | Listed by RE/MAX Bentley's | $734,900 | |
| Listed by RE/MAX Bentley's | |||
| | |||
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NEW CONSTRUCTION in Rye! Don't miss out on this fantastic opportunity to own this finely built home in desirable Rye that is approximately 1 mile to the beach and only 3 miles to downtown Portsmouth! This modern design features Hardwood Floors throughout the home and a multi-level floor plan that maximizes the finished interior space and offers RIVER VIEWS. The large Master Suite offers a walk-in closet with built in shelving and a private bathroom that features a double vanity and tiled walk-in shower. The open concept kitchen flows into the living area to provide for seamless entertaining and offers tons of Quartz Countertop space and a high end Stainless Steel appliance package including a Bertazzoni Gas Range. The first floor also includes a room that could be utilized as an office or potentially a 3rd Bedroom and the basement has an additional finished room for even more living space. If the two-car garage is not enough space already, there is a huge detached barn that can immediately be used as a 3rd garage space AND have plenty of space left over for storage or a workshop. Take advantage of Rye's extremely low tax rate! Route 1 and I-95 are close by and make this location fantastic for commuters. Enjoy beautiful Wallis Sands beach located down the street just in time for summer. New construction that is this close to the beach AND downtown Portsmouth does not appear often... Don't hesitate!
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| May 24, 2019 | No longer available | - | |
| No longer available | |||
| May 5, 2019 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
| Apr 26, 2019 | Price Decreased |
$799,000
↓ $16K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017