59 Oceanside Drive
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 |
|---|---|---|---|
| Jul 18, 2012 | Sold | ||
| Sold | |||
| Mar 1, 2012 | Sold | ||
| Sold | |||
| Sep 22, 2011 | Listed by Motyka Real Estate, Inc. | $249,900 | |
| Listed by Motyka Real Estate, Inc. | |||
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Oceanview colonial! Looking for a project, this is a great opportunity to finish rehab. Located on corner lot across from ocean. Previous permits expired- Buyer to obtain new permit. See Scituate Building Inspector's office for further details. Neighborhood of higher priced homes on Town Sewer. Buy now and be in for summer! Easy to show on Lockbox. Call office and set appt. Huge opportunty to be this seaside community!!
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| Jul 3, 2011 | Listed by Coldwell Banker Residential Brokerage - Scituate | $299,900 | |
| Listed by Coldwell Banker Residential Brokerage - Scituate | |||
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Attention Builders/Contractors or Homeowner looking for large project. Fantastic Ocean Views out to Minot Light. Major re-hab or rebuild.This property had two permits. (1) to raise and set on new foundation, which has been done. (2) to renovate, that permit has expired, but Scituate building inspector he would allow a new home/ major renovation on new foundation, with a new permit conforming to current building codes. Agents : No railings on Front Farmers Porch!!!!!
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| Mar 20, 2011 | Listed by Coldwell Banker Residential Brokerage - Scituate | $314,900 | |
| Listed by Coldwell Banker Residential Brokerage - Scituate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017