72 Grapevine Rd #A
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 |
|---|---|---|---|
| Nov 15, 2017 | Sold | ||
| Sold | |||
| Aug 2, 2017 | Listed by GDP Real Estate Group, LLC | $932,000 | |
| Listed by GDP Real Estate Group, LLC | |||
| May 28, 2015 | Sold | ||
| Sold | |||
| Nov 3, 2014 | Listed by Gibson Sotheby's International Realty | $899,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
|
Big ocean views on Gloucester’s back shore: Luxury abides in this elegant and private condominium, moments to Eastern Point Yacht Club, Bass Rocks Golf Club, Gloucester’s infamous back shore, Good Harbor Beach and Rocky Neck Art community. This exquisite home has two bedrooms, two full and one half baths, generous fireplaced living room with custom built-in’s, dining room and beautifully appointed light-filled kitchen with breakfast bar. This hidden gem is on the first level of a two-unit condominium and is in exceptional condition (barely used). Hardwood floors, recessed lighting, with surround sound throughout. Interior access to full basement (unfinished) and detached single car garage complete the offering. Living room opens onto large deck and perennial gardens with spectacular ocean views.
| |||
| Oct 21, 2005 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/02/2017
|
2 Bed
|
2 Bath
|
2410 ft²
|
$932,000
2 Bed
2 Bath
2410 ft²
|
$895,000
-3.97%
11/15/2017
|
McDermott & MacCarthy
Gibson Sotheby's International Realty
| |
|
11/03/2014
|
2 Bed
|
3 Bath
|
2410 ft²
|
$899,000
2 Bed
3 Bath
2410 ft²
|
$848,000
-5.67%
05/28/2015
|
Amanda Armstrong
Engel & Volkers By The Sea
| |
|
10/31/2003
|
2 Bed
|
2 Bath
|
2240 ft²
|
$750,000
2 Bed
2 Bath
2240 ft²
|
$769,614
+2.62%
04/11/2005
|
Kristin Gynda Bedell
J. Barrett & Company
| |
|
10/31/2003
|
2 Bed
|
3 Bath
|
2065 ft²
|
$750,000
2 Bed
3 Bath
2065 ft²
|
$750,000
10/21/2005
|
Rita Manuel
LAER Realty Partners
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017