6 Brightside Ave #2
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 |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | In contract | - | |
| In contract | |||
| Jul 17, 2023 | Listed by Engel & Volkers By the Sea | $465,000 | |
| Listed by Engel & Volkers By the Sea | |||
| Dec 13, 2006 | Sold | ||
| Sold | |||
| Mar 13, 2006 | Listed by Coldwell Banker Realty - Gloucester | $269,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
| | |||
|
East Gloucester - Totally renovated, 2 BR, study, 2 bath Condo. Great master suite with cathedral ceiling. Walk to Good Harbor Beach and Bass Rocks Golf Club.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/17/2023
|
2 Bed
|
2 Bath
|
1359 ft²
|
$465,000
2 Bed
2 Bath
1359 ft²
|
$450,000
-3.23%
09/29/2023
|
Rosalia Giacalone
Engel & Volkers By the Sea
| |
|
05/02/2023
|
2 Bed
|
1 Bath
|
834 ft²
|
$385,000
2 Bed
1 Bath
834 ft²
|
$453,000
+17.66%
05/31/2023
|
Meg Shea
Gibson Sotheby's International Realty
| |
|
03/13/2006
|
2 Bed
|
2 Bath
|
1359 ft²
|
$269,000
2 Bed
2 Bath
1359 ft²
|
$245,000
-8.92%
12/13/2006
|
Maureen Alvarado
Coldwell Banker Realty - Gloucester
| |
|
05/08/2005
| |
4 Bed
|
2 Bath
|
1967 ft²
|
$419,000
4 Bed
2 Bath
1967 ft²
|
$426,000
+1.67%
07/12/2005
|
Ronald McKinnon
Keller Williams Realty Evolution
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017