531 Route 28
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Relisted | $700,000 | |
| Relisted | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by Chatelain Real Estate | $700,000 | |
| Listed by Chatelain Real Estate | |||
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Rare offering of a large parcel of land with two cottages and a detached garage located just east of the village of West Dennis, the Bass River, and near south side beaches. The cottages currently on the property may be usable with needed updates or tear them down and build your dream home/office/and/or business. Zoning is GCII. There is one septic system for main cottage that was installed in 2002 and used lightly since. Status of the other cottage system is unknown. Property is being sold ''as is''
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017