557 Cotuit Bay Dr
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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by James E. Murphy | $1,349,000 | |
| Listed by James E. Murphy | |||
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Located in highly desirable Cotuit Bay Shores. This lovely home sets itself apart:- One of the homes in the area position closest to the neighborhood's sandy beach and deep water dock on North Bay for easy access.- featuring nearly 2500 sq ft of quality living area and rooms on ONE LEVEL: Primary BR with ensuite bath, FR with wet bar and fireplace, 4 season sunroom, formal DR, living room with fireplace and kitchen with newer features. Second level has two BRs and full bath for a total of 3100+sq ft. Full basement, oversized 2 car garage attached by breezeway.- additional features include FHW gas heat, generator all on a beautiful 1 acre lot with mature landscape, oak floors, high ceilings, and a large sundeck.- Cotuit Bay Shores: and exceptional place to live and play: amenities include the aforementioned beach and dock, kayak rack, tennis/pickleball/bocce courts, walking trails and play area, This property has it all. Abuts Eagle Pond Conservation.
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| Dec 3, 2010 | Sold | ||
| Sold | |||
| Aug 12, 2010 | Listed by James E. Murphy | $629,000 | |
| Listed by James E. Murphy | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017