61 Gansett Rd
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 |
|---|---|---|---|
| Jun 5, 2018 | Sold | ||
| Sold | |||
| May 13, 2016 | Listed by William Raveis R.E. & Home Services | $2,595,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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"Out of Bounds" is a rare opportunity to own 2.8 acres of privacy in the Gansett neighborhood overlooking Quissett Harbor, The Knob and the 18th hole of the Woods Hole Golf Course. Nestled into a promontory overlooking water and greens, a serene location for this classic 5 bedroom cape. Built in the late '20's when commitment to quality was important, this 3400+ home has been in the same family for more than 50 years. The mature plantings, landscaped and naturalized grounds invite one to savor summer on Cape Cod. Inside features four fireplaces, custom paneling, living room with French doors to the patio area, master bedroom wing, first floor laundry and security system are some of the features that will appeal to a discerning buyer who wants to invest in this home for the future. A plus is the 1 bedroom apartment over the 3 bay garage. Add the amenities of deeded rights to the Gansett Association dock and sandy beach makes this locale THE property for Summer.
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| Dec 15, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017