7 Old Cottage Lane
About This Property
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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.
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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 7, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $494,500 | |
| Listed | |||
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Timeless style matches modern needs in this Raeside and Dame reproduction Cape nestled among the trees on Old Cottage Lane. Craftsmanship abounds from the wide pine floors, trim, custom build-ins and two Rumford fireplaces. A country kitchen, with center island flows into a spacious dining room with wood stove. Living room with library corner also features a large fireplace and windows on three sides. Three bedrooms with a full bath on the second floor also offers a small office option. Basement features 1000sq/ft of finished space to transform as you wish as well as lots of storage space. How about a bonus room over the garage with skylights, hardwood floors and 3/4 bath? Makes a great master bedroom or guest suite. Two car attached garage, attached shed/workshop and exterior wood box. Two acres of woods, grass, a small pond and extensive landscaping surround the home. Features continue with a cozy three season room, brick patio space and if the power goes out...a whole house generator. Just 10 minutes to Rt 95 and Kittery, 15 minutes to Portsmouth. Broker Interest. The manager has listed the unit size as 3654 square feet.
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| Jun 12, 2017 | Listed by Olde Port Properties | $494,500 | |
| Listed by Olde Port Properties | |||
| Mar 10, 2014 | Sold | ||
| Sold | |||
| Dec 24, 2013 | Listed by Olde Port Properties | $439,900 | |
| Listed by Olde Port Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017