58 Eastern Point Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 13, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | No longer available | - | |
| No longer available | |||
| Mar 29, 2019 | Listed by J. Barrett & Company | $545,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Timeless BEACH BUNGALOW just steps to Niles Beach and a short stroll to the galleries, shops and restaurants of Rocky Neck Art Colony and Gloucester Stage. This delightful home has been thoughtfully renovated with tasteful finishes. Inside boasts three bedrooms and bonus room - could serve as a nursery or office, cheery kitchen with breakfast bar and open dining area with new sliders to deck. Inviting and serene outdoor space includes a large wrap around mahogany farmers porch, private patio with trellis and barbecue area for tranquil entertaining. Newly landscaped driveway makes for easy offstreet parking. Updates also include new on-demand water heater, large deck slider, and freshly painted interior, making this lovely home turn key. Incomparable location in desirable East Gloucester just before Eastern Point. If you’re looking for the perfect beach get away, come home to 58 Eastern Point Road! Plan to move right in - the new furniture is negotiable!
| |||
| Aug 30, 2018 | Listed by Engel & Volkers By the Sea | $545,000 | |
| Listed by Engel & Volkers By the Sea | |||
| Sep 8, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017