7 Purington Lane #B
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%.
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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 |
|---|---|---|---|
| Mar 27, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | Listed by Bean Group / Portsmouth | $420,000 | |
| Listed by Bean Group / Portsmouth | |||
| | |||
|
Great home with NO CONDO FEES!!!! Great location!! Only 4 miles to the beach and 2 miles to the center of town, and quick access to both the 95 and 101. This well maintained and updated 3 bedroom 2 bath home is ready for its new owner. Walk into your welcoming living room with fireplace that leads into a sun filled eat-in kitchen leading to back deck and good size yard with shed and firepit. Updated modern kitchen has a new electric cook top, concrete counters, and large sink. Plenty of room for all your family and friends to enjoy time together. Upstairs you will find 2 very large bedrooms, primary room with large walk-in closet, large windows and a well appointed bathroom. Up one more flight to a large room with a skylight that can be used as a bedroom, craft room or a great playroom. Basement is large with 2 year old washer/dryer. Roof replaced in 2021, and water softening and UV water filtration system 2020 are just some of the improvements! Be sure to read the disclosures to see all the improvements made by the Seller!! Call today to see this great home!
| |||
| 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 | |||
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