541 Santuit Rd
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 |
|---|---|---|---|
| Apr 12, 2013 | Sold | ||
| Sold | |||
| Jan 30, 2013 | Listed by William Raveis R.E. & Home Services | $289,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Rare opportunity to buy a quiet acre+ lot, nestled across from Shoestring Bay. This property offers an astute buyer the possibility to develop or renovate an ideal second or primary home. Situated south of Rt. 28 between Santuit and Bay Roads, this cottage is a short distance to four prime Cotuit beaches, Crocker's Neck Conservation area & Lowell Park, home of the Cotuit Kettleers. Renovate or re-build on a lot that offers potential waterviews- Live at the cottage while you plan your new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017