7 Damon Ln
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 |
|---|---|---|---|
| Aug 6, 2010 | Sold | ||
| Sold | |||
| Jun 29, 2010 | Listed by Conway - Hingham | $565,000 | |
| Listed by Conway - Hingham | |||
| | |||
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Desirable Minot location near the beach. Charming sheltered porch on the front of the home wraps around to the side. Recent renovations include: window replacement, kitchen cabinets, granite tile counter, all kitchen appliances and porcelain sink, second floor full bath and first floor half bath. Lovely round stone fireplace in the Living Room with gas insert. Fir harwood and oak hardwood on the first and second floor. Detached one bay garage. Home sits on cinder block piers.
| |||
| Jan 29, 2010 | Listed | $645,000 | |
| Listed | |||
| Feb 17, 1999 | Sold | ||
| Sold | |||
| Oct 26, 1998 | Listed | $337,500 | |
| Listed | |||
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