7 Maryland Road
About This Property
This well maintained three bedroom two full bath home with attached garage features a large eat in kitchen with stainless appliances, granite counter tops and tile floors. Sunny windows and a slider leads out to your own waterfront paradise. Just minutes by boat to the open bay, deep and wide lagoon to accommodate all your water toys! Front porch has a sitting area for enjoying the salty air breeze and magnificent sunsets. All this and it is being offered at this price fully furnished! Nothing to do but move in. Stop wishing and start fishing!
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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 |
|---|---|---|---|
| Jan 8, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by C21/ Action Plus Realty | $339,900 | |
| Listed by C21/ Action Plus Realty | |||
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Welcome to your new Happy Place! This adorable, turn-key, move-in-ready ranch on the water on Osborn Island is now ready and waiting for you! It doesn't get much closer to the open bay than this. With no bridges to undergo, you can be out in the bay by the time it takes your boat to travel to the end of the block. Also included are the freshest bay breezes in the entire zip code, available in your backyard, and in the house with the windows open! The backyard oasis includes new Trex decking, pergola for some shade, and a massive new floating dock with vinyl bulkhead. The master bedroom faces the water with its own full master bath. There is plenty of storage with the attached garage, attic & shed, too. You can't beat this location. Don't delay - make an appt to see your new home today!
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| May 8, 2019 | Sold | ||
| Sold | |||
| Apr 8, 2019 | Listed by Keller Williams Realty Atlantic Shore | $292,000 | |
| Listed by Keller Williams Realty Atlantic Shore | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017