59 Compass Point Dr #59
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 |
|---|---|---|---|
| Jan 26, 2024 | Sold | ||
| Sold | |||
| Dec 27, 2023 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by Aprilian Inc. | $459,000 | |
| Listed by Aprilian Inc. | |||
| | |||
|
Welcome to 59 Compass Point Drive, a stunning modern home nestled in the heart of Douglas, Massachusetts. This immaculate property, built in 2020, is now on the market, boasting a whole host of builder upgrades. Upon entering this townhouse style residence, you'll immediately notice the expansive living space of 1,622 sqft, thoughtfully designed with three spacious bedrooms, two full bathrooms, and one half bathroom, catering to all your family's needs. The living spaces are enhanced by an on-demand hot water system, ensuring comfort and convenience at all times. A premium kitchen is equipped with a state-of-the-art gas range, resulting in an ideal space for the home chef. The open-concept layout of the property allows for a seamless flow from the kitchen to the living and dining areas, perfect for entertaining.
| |||
| Jun 30, 2022 | Sold | ||
| Sold | |||
| May 23, 2022 | Listed by Aprilian Inc. | $439,000 | |
| Listed by Aprilian Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/01/2023
|
3 Bed
|
3 Bath
|
1622 ft²
|
$479,000
3 Bed
3 Bath
1622 ft²
|
$440,000
-8.14%
01/26/2024
|
James Giguere
Aprilian Inc.
| |
|
05/23/2022
|
3 Bed
|
3 Bath
|
1622 ft²
|
$439,000
3 Bed
3 Bath
1622 ft²
|
$439,000
06/30/2022
|
Stephany Miranda
Aprilian Inc.
| |
|
10/28/2020
|
3 Bed
|
3 Bath
|
1605 ft²
|
$358,843
3 Bed
3 Bath
1605 ft²
|
$358,843
07/26/2021
|
Aldo Masciave
Leading Edge Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017