512 Shore Road #13
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 |
|---|---|---|---|
| Jan 17, 2021 | No longer available | - | |
| No longer available | |||
| Sep 12, 2020 | Listed | $269,000 | |
| Listed | |||
| May 12, 2019 | No longer available | - | |
| No longer available | |||
| Feb 3, 2019 | No longer available | - | |
| No longer available | |||
| Sep 4, 2018 | Listed | $239,500 | |
| Listed | |||
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Just steps from the drawbridge entering Perkins Cove, this lovingly maintained, beautifully furnished condo w/ a deck looking towards the Atlantic is the only unit with a spacious king bed bedroom with en suite full bathroom! Fully applianced kitchen, plenty of room for dining table and chairs, large living room that can double as another "private sleeping area" w/ full bathroom. The splendid furniture and d+¬cor add tranquility to the feeling in this spacious condo. Lovely sitting area in the property foyer where you can read, visit other owners or sip some complimentary coffee at any time. There are gas grills/lovely patio to enjoy in summer months. Due to the Hillcrest Inn Resort being a timeshare resort, the rental income potential makes this a wonderful investment property or you can live in it year-round or use as a vacation spot and rent it some of the time. Close to Ogunquit Beach, town, restaurants & shopping! Seller will pre-pay 2 months condo fees before closing! Great views! The manager has listed the unit size as 655 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/11/2024
| |
1 Bed
|
2 Bath
|
655 ft²
|
$359,900
1 Bed
2 Bath
655 ft²
|
-
-
|
Carolyn Weller
RE/MAX Realty One
|
|
04/07/2022
|
1 Bed
|
1 Bath
|
-
|
$349,900
1 Bed
1 Bath
|
-
-
|
Carolyn Weller
RE/MAX Realty One
| |
|
09/12/2020
|
1 Bed
|
2 Bath
|
-
|
$269,000
1 Bed
2 Bath
|
-
-
|
-
| |
|
07/19/2020
|
2 Bed
|
2 Bath
|
-
|
$379,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
06/13/2020
|
1 Bed
|
1 Bath
|
-
|
$259,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
12/15/2019
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
07/22/2018
|
1 Bed
|
2 Bath
|
655 ft²
|
$239,500
1 Bed
2 Bath
655 ft²
|
-
-
|
-
| |
|
07/16/2018
|
2 Bed
|
2 Bath
|
1070 ft²
|
$299,999
2 Bed
2 Bath
1070 ft²
|
-
-
|
-
| |
|
05/15/2018
| |
1 Bed
|
1 Bath
|
655 ft²
|
-
1 Bed
1 Bath
655 ft²
|
-
-
|
-
|
|
07/08/2017
| |
2 Bed
|
2 Bath
|
1070 ft²
|
-
2 Bed
2 Bath
1070 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017