7 Executive Drive #288
About This Property
The manager has listed the unit size as 1800 square feet.
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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 |
|---|---|---|---|
| May 3, 2019 | Sold | ||
| Sold | |||
| Mar 10, 2019 | No longer available | - | |
| No longer available | |||
| Jan 24, 2019 | Listed | $369,000 | |
| Listed | |||
| | |||
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This Nantucket Townhome is located in Southport on Cape Cod in Mashpee MA It is known all over the east coast as being a top rated senior living complex with its own private golf course which is free to play for owners and a magnificent senior center with workout rooms, card and game rooms and even a pool hall. This 1800sf unit is a Townhouse with 2 master bedroom suites, each having its own full bath and walk in closet. This unit also has an enclose 3 season porch on the rear
| |||
| Aug 13, 2018 | Price Decreased |
$369,000
↓ $11K
(2.9%) | |
| Price Decreased | |||
| Jan 19, 2018 | Listed | $379,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/31/2022
|
2 Bed
|
3 Bath
|
1765 ft²
|
$499,000
2 Bed
3 Bath
1765 ft²
|
$530,000
+6.21%
06/14/2022
|
Stephanie Lundy
Farrelly Realty Group
| |
|
01/24/2019
|
2 Bed
|
3 Bath
|
1800 ft²
|
$369,000
2 Bed
3 Bath
1800 ft²
|
$350,000
-5.15%
05/03/2019
|
Leonard O Leary
Seagrass Realty
| |
|
01/19/2018
|
2 Bed
|
3 Bath
|
1800 ft²
|
$379,900
2 Bed
3 Bath
1800 ft²
|
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-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017