68 Mercantile Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 1, 2023 | No longer available | - | |
| No longer available | |||
| Feb 6, 2023 | Listed by Commercial Realty Advisors, Inc. | $350,000 | |
| Listed by Commercial Realty Advisors, Inc. | |||
| | |||
|
To Be Completed: Estimated delivery date of January/February 2024. The units will be +/- 1,200 Sq. Ft. Minutes from downtown Mashpee and Route 28, a connection to the rest of the Cape. Located at 68 Mercantile Way, Mashpee, MA. Units 1-5 are reserved. Units 6 & 7 are available for SALE for $350,000 per unit or LEASE for $21 per Sq. Ft. NNN. Unit 8 is available for LEASE for $23 per Sq. Ft. NNN.
| |||
| Oct 31, 2022 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Kinlin Grover Compass | $997,600 | |
| Listed by Kinlin Grover Compass | |||
| | |||
|
Great commercial area with easy access to Falmouth , the Islands , Hyannis and the Bourne Bridge. Close to Roche Brothers , Mashpee Commons , New Seabury , and Osterville. This is one of the largest undeveloped lots left in the area.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017