58 Phillips Avenue
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 4, 2024 | Sold | ||
| Sold | |||
| Sep 23, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Coldwell Banker Realty - Marblehead | $1,895,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Welcome to the splendor of 58 Phillips Avenue, a stunning blend of classic beauty and modern comfort. This home offers privacy without sacrificing proximity to amenities. The front-to-back living room with an oversized fireplace opens to a sunroom, and the charming dining room is ideal for elegant meals. The updated kitchen features granite countertops and stainless steel appliances, flowing into the spacious family room with a morning staircase, a showstopping stone fireplace, and French doors overlooking the expansive backyard. Upstairs, the primary suite includes a bathroom, a nursery, and a covered balcony. Two additional bedrooms and a full bath complete the second floor, while the third floor boasts hardwood floors and natural light in its three bedrooms and bathroom. Top-of-the-line updates include a playroom, Pella windows, a surround sound system, outdoor shower, basketball court and adorable playhouse. Two car garage and coveted location steps to sandy Phillips Beach.
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| Dec 21, 2012 | Sold | ||
| Sold | |||
| Nov 26, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017