55 Island Path
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 |
|---|---|---|---|
| May 8, 2019 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $299,900 | |
| Listed | |||
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Year round one-level house at Hampton Beach! Great location with easy in and out of the beach area. This home, built in 1982, has an open floor plan and two generous size bedrooms. Ample bathroom with storage and washer/dryer. Deck overlooking the backyard. Shed. Great parking! FHW heat, natural gas. This has been one family's happy place at the beach for many years. This could be your primary home or beach house. Short stroll to 5 star rated Hampton Beach, restaurants and attractions. The manager has listed the unit size as 900 square feet.
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| May 5, 2018 | Listed by RE/MAX On the Move/Seabrook | $299,900 | |
| Listed by RE/MAX On the Move/Seabrook | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017