64 Eastern Point Road #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%.
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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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by RE/MAX Beacon | $1,138,000 | |
| Listed by RE/MAX Beacon | |||
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STUNNING! Views, Location, Niles Beach, the gorgeous light. This home has every possible amenity you want or need. 3 bedroom, 2 ½ bath unit at Seacroft Condominiums is in pristine condition with many recent upgrades and updates.Thoughtfully added storage and closet areas, upgrades of utilities, beautifully enhanced views are only a few of the many additions since 2019. One being the pantry just off the kitchen with a spice cabinet and access to a storage area. Use the front porch to watch the world go by. Rear entrance walks into a well outfitted mud room and leads to the kitchen and living area from which the view of the water is mesmerizing. The upper-level deck perfect for reading and relaxing. Escape to the private main bedroom with its own balcony deck to enjoy. Main bath has the best of the best of cabinetry and double shower. You will be proud to own this home. Niles Beach and Rocky Neck Art Community are nearby as are many of the goings on offered on Cape Ann.
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| Apr 8, 2019 | Sold | ||
| Sold | |||
| Aug 20, 2018 | Listed by J. Barrett & Company | $699,000 | |
| Listed by J. Barrett & Company | |||
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Meticulously maintained 3 level townhouse condo w/ocean views out every level. Enjoy the sights, sounds & smell of the ocean from your large covered front porch, your deck on 3rd floor or your private balcony. For Beach lovers this is a bit of heaven w/Niles Beach at your front door. Perfect condo for entertaining w/1st fl. open concept LR, DR, & a Chef Lovers Kitchen w/plenty of cabinets, granite counters, gas stove, breakfast bar, stainless appliances that leads out to the front porch. 2nd fl guests won't want to leave w/2 bedrooms & in between nice sized bath. Saved the best for last! 3rd fl offers a family room w/magnificent ocean views out 2 picture windows, wet bar w/built in cabinets which leads to an inviting deck to relax or entertain. The Master BR Suite has a beautiful bath w/tiled shower, dbl. sink vanity then move to the huge walk-in closet, large Master BR that leads out to your private balcony. Rocky Neck, Scenic Back Shore, Bass Rocks Golf & downtown Gloucester close by
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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 |
|---|---|---|---|---|---|---|---|
|
01/15/2025
|
3 Bed
|
3 Bath
|
2588 ft²
|
$1,138,000
3 Bed
3 Bath
2588 ft²
|
$1,150,000
+1.05%
02/27/2025
|
Ruth Pino
RE/MAX 360
| |
|
08/20/2018
|
3 Bed
|
3 Bath
|
2737 ft²
|
$699,000
3 Bed
3 Bath
2737 ft²
|
$683,500
-2.22%
04/08/2019
|
Shelly Shuka
J. Barrett & Company
| |
|
06/04/2014
|
3 Bed
|
3 Bath
|
2737 ft²
|
$629,000
3 Bed
3 Bath
2737 ft²
|
$649,900
+3.32%
09/15/2014
|
Ron Goulart and Jennifer Anderson
RE/MAX 360
| |
|
05/24/2013
|
3 Bed
|
3 Bath
|
2276 ft²
|
$549,000
3 Bed
3 Bath
2276 ft²
|
$520,000
-5.28%
12/09/2013
|
Patty Knaggs
Carlson GMAC Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017