60 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 |
|---|---|---|---|
| Mar 25, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 24, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 18, 2025 | Listed by Realty One Group Nest | $2,750,000 | |
| Listed by Realty One Group Nest | |||
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Situated on an estate-like half-acre lot on one of Rockport's most desirable streets. A meticulously renovated coastal retreat. Completely reimagined in 2021 & upgraded w luxury finishes in 2022 this home blends sophistication, comfort, & state-of-the-art amenities. The architecturally designed landscape features extensive custom stnwk, lush plantings & hardscaping, built-in hot tub, sauna,& firepit, a perfect private outdoor oasis. An expanded driveway w granite aprons, irrigation sys & well & repointed stone walls add to the home's striking curb appeal. Inside, the open-concept living space is enhanced by refinished floors, fresh designer paint & gas frpls. Gourmet kit features a Sub-Zero refrig/freezer, prof line of appl.,lg stone island, & custom tile work. The ensuite spa-like bathrooms incl a soaking tub & steam unit. The smart home includes whole-hs entertainment, inter/exter hidden speakers, Samsung Frame TVs. A turn key luxury home offering effortless move-in experience.
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| May 27, 2021 | Sold | ||
| Sold | |||
| Mar 17, 2021 | Listed by RE/MAX Advantage Real Estate | $1,795,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017