7 Peases Point Rd
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 |
|---|---|---|---|
| Jan 25, 2022 | No longer available | - | |
| No longer available | |||
| Sep 22, 2021 | Price Decreased |
$2,850,079
↓ $600K
(17.4%) | |
| Price Decreased | |||
| Aug 27, 2021 | Listed by Wallace & Co. Sotheby's International Realty | $3,450,000 | |
| Listed by Wallace & Co. Sotheby's International Realty | |||
| | |||
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House and Guest House in Edgartown Village. Nestled among a lovely block of historic homes in downtown Edgartown Village, this 3-bedroom main house and 1-bedroom guest house offers generous living space and represents a wonderful opportunity for a buyer looking for a family home for personal use or an investment property for rental income. Enter the home through the first-floor foyer where you are greeted by an exquisite stairway with historic elements, a front parlor/sitting room that could be used as a home office, as well as a pleasant sunroom. Continue to the spacious second living room with a fireplace and a bank of windows allowing the home to feel open and airy. The living room opens to a formal dining area which leads to the large kitchen towards the rear of the home with a breakfast nook and separate entrance through a mudroom/laundry room. On the second floor are 3 large bedrooms, including the master with a walk in closet and private bathroom. Two additional bedrooms share a bathroom. A separate guest cottage across the courtyard is complete with one bedroom and a full bathroom. This in-town oasis offers a lush lawn and a private, sun-drenched courtyard walled by hedges that is yours to enjoy. Just blocks away from Edgartown's storied harbor front, restaurants, and shops, this perfectly situated home awaits. The manager has listed the unit size as 2896 square feet.
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| Jun 15, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed by Keller Williams Realty | $2,995,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017