7 Clipper Circle #7
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 7, 2022 | Sold | ||
| Sold | |||
| Nov 11, 2021 | Listed by Coldwell Banker Realty - Norwell | $610,000 | |
| Listed by Coldwell Banker Realty - Norwell | |||
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Welcome to Spyglass Landing. This unit is located on a premium lot on the circle. Upon entering there is a open foyer with a grand staircase leading upstairs to a bonus room currently being used as a third bedroom. Separated by a full bathroom is another bedroom and sitting area. The main level offers laundry, home office a master suite with a master bath with a soaking tub and separate shower. The dining room is open and lends itself to entertaining. The living room has a gas insert fireplace and leads out an an oversized deck. The kitchen is across from the dining room and offers a breakfast nook. There is a half bath and access to a two car garage. The unfinished basement has great potential. Bring your ideas to make it your own. It has a slider walkout and window. The exterior is professionally landscaped and offers wonderful sunset views. This is a 55+ Community. Heating and AC were done about 4 years ago.
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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 |
|---|---|---|---|---|---|---|---|
|
11/11/2021
|
2 Bed
|
3 Bath
|
2180 ft²
|
$610,000
2 Bed
3 Bath
2180 ft²
|
$600,000
-1.64%
03/07/2022
|
Doreen Corsano
Molisse Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017