7 Southeast Pass #7
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 |
|---|---|---|---|
| Aug 28, 2020 | Sold | ||
| Sold | |||
| Feb 19, 2020 | Listed by New Seabury Sotheby's International Realty | $669,000 | |
| Listed by New Seabury Sotheby's International Realty | |||
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Sea Quarter's Condo at New Seabury! This beautiful 3 level townhouse is the perfect choice if you are looking for a Cape getaway for this summer. The condo features a 1st floor master w/en-suite bath, tiled shower, large living room with gas fireplace, gourmet kitchen, granite counters, stainless appliances, 3 season porch. The 2nd floor has 1 large bedroom, full bath and office/additional sleeping room. The finished lower level has a spacious family room, large den/sleeping room and full bath. The condo is close to the association pool and a short drive to South Cape Beach, the Marketplace at New Seabury and the shops at Mashpee Commons. This is a must see!!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/19/2020
|
2 Bed
|
4 Bath
|
1559 ft²
|
$669,000
2 Bed
4 Bath
1559 ft²
|
$655,000
-2.09%
08/28/2020
|
Mark Thompson
Molyneux Realty
| |
|
01/23/2020
| |
2 Bed
|
4 Bath
|
1559 ft²
|
$689,000
2 Bed
4 Bath
1559 ft²
|
$655,000
-4.93%
08/31/2020
|
Mark A Thompson
|
|
06/16/2007
|
2 Bed
|
3 Bath
|
1500 ft²
|
$591,500
2 Bed
3 Bath
1500 ft²
|
$590,941
-0.09%
05/20/2010
|
Heather Murray
Harborside Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017