588 Delano Road
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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Aug 6, 2018 | No longer available | - | |
| No longer available | |||
| Jul 30, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $749,000 | |
| Listed | |||
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Seaside Community of Marion offers a Traditional Colonial with modern necessities. Beautiful home is nestled on a professionally landscaped lot. Classic updated home is a Chefs dream. Luxurious White kitchen open to the fire placed family room. Granite counters, huge center Island perfect for entertaining, dry bar, built ins, Wolf Stove, Sub Zero Refrigerator, and arched door ways open to dining room with tray ceiling, and wainscoting. Family room with gas fireplace opens to the sun room with French doors. Sun room is filled with natural light, and leads to a beautiful stone patio for outdoor entertaining. First floor is spacious, and thoughtfully designed, also giving you a home office, and generous closets through out. Second floor hosts three gracious bedrooms, spectacular media room, or second family room, and laundry room. The master suite is a private retreat with sitting room, two closets, and nicely appointed master bath. Third floor en-suite with sitting area, spacious walk in closet, and private bath. Home offers central ac, irrigation system, home generator, and white fencing, upgraded post lighting along driveway. Truly a wonderful updated traditional home in the quintessential coastal town of Marion. Less than a hour from Boston, or Providence without the Bridge traffic! The manager has listed the unit size as 3832 square feet.
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| May 15, 2018 | Listed | $749,000 | |
| Listed | |||
| | |||
|
Seaside Community of Marion offers a Traditional Colonial with modern necessities. Beautiful home is nestled on a professionally landscaped lot. Classic updated home is a Chefs dream. Luxurious White kitchen open to the fire placed family room. Granite counters, huge center Island perfect for entertaining, dry bar, built ins, Wolf Stove, Sub Zero Refrigerator, and arched door ways open to dining room with tray ceiling, and wainscoting. Family room with gas fireplace opens to the sun room with French doors. Sun room is filled with natural light, and leads to a beautiful stone patio for outdoor entertaining. First floor is spacious, and thoughtfully designed, giving you a home office, and generous closets through out. Second floor master suite, and two bedrooms plus third floor ensuite. Truly a wonderful updated traditional home in the quintessential coastal town of Marion. Less than a hour from Boston, or Providence without the Bridge traffic! The manager has listed the unit size as 3832 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017