7B Purington Lane #B
About This Property
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 27, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | Listed by Bean Group / Portsmouth | $420,000 | |
| Listed by Bean Group / Portsmouth | |||
| Jul 1, 2014 | Sold | ||
| Sold | |||
| Feb 4, 2014 | Listed by RE/MAX Area Real Estate Network LTD | $178,200 | |
| Listed by RE/MAX Area Real Estate Network LTD | |||
| | |||
|
Nice spacious condex. Finished 3rd floor. Fireplaced living room. Deck. Great location in sought after area a short drive to the beautiful NH seacoast beaches and oceanfront. This is a Fannie Mae Homepath Property. Purchase this property for as little as 5% down. This property is approved for Homepath Mortgage Financing and Homepath Renovation Mortgage Financing.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/01/2023
|
3 Bed
|
2 Bath
|
1632 ft²
|
$420,000
3 Bed
2 Bath
1632 ft²
|
$440,000
+4.76%
03/27/2023
|
Monik Graham
RE/MAX Bentley's
| |
|
01/29/2020
|
3 Bed
|
2 Bath
|
1632 ft²
|
$289,900
3 Bed
2 Bath
1632 ft²
|
$294,500
+1.59%
03/02/2020
|
Brent McIntire
Red Post Realty
| |
|
02/04/2014
|
2 Bed
|
2 Bath
|
1632 ft²
|
$178,200
2 Bed
2 Bath
1632 ft²
|
$145,000
-18.63%
07/01/2014
|
Steve Cotran
RE/MAX Area Real Estate Network LTD
| |
|
07/01/2003
|
Loft
|
2 Bath
|
2000 ft²
|
$244,000
Loft
2 Bath
2000 ft²
|
$244,000
08/29/2003
|
Ellen Chase
Lighthouse Real Estate LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017