71 Dockside Lane #21
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 |
|---|---|---|---|
| Jun 22, 2023 | No longer available | - | |
| No longer available | |||
| May 5, 2023 | Price Decreased |
$449,000
↓ $41K
(8.4%) | |
| Price Decreased | |||
| Mar 21, 2023 | Listed | $490,000 | |
| Listed | |||
| Aug 31, 2021 | No longer available | - | |
| No longer available | |||
| Jul 21, 2021 | Listed | $325,000 | |
| Listed | |||
| | |||
|
Bright and airy 3 bedroom, 3 bathroom condo located just minutes to downtown Belfast. This property features an open layout, a first floor master suite, an attached garage, a back deck, and a cathedral ceiling in the living room with big windows facing the back yard. Upstairs you will find a full bath, a spacious loft bedroom, and a large unfinished space over the garage. Enjoy association amenities and benefits such as an oceanfront pier, a guest mooring, nice landscaping, snow removal, exterior maintenance, and so much more. This property is a blank canvas awaiting your personal touches!
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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 |
|---|---|---|---|---|---|---|---|
|
03/21/2023
|
3 Bed
|
3 Bath
|
-
|
$490,000
3 Bed
3 Bath
|
-
-
|
Collin Cunning
Worth Real Estate, Inc.
| |
|
07/21/2021
|
3 Bed
|
3 Bath
|
-
|
$325,000
3 Bed
3 Bath
|
-
-
|
Avary Otis
Camden Coast Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017