73 Phillips Ave
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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Jul 11, 2025 | Relisted | $4,795,000 | |
| Relisted | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 25, 2025 | Listed by Compass | $4,795,000 | |
| Listed by Compass | |||
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With direct waterfront access in Rockport’s ‘Avenues’ neighborhood, this sprawling 4800+ sf Shingle-style residence has everything you need for luxurious and carefree coastal living. Newly built in 2013, the home is a short drive to Rockport village, with its world-class performing arts center, galleries and shops. The sun-filled interior has three levels of living space of the highest craftsmanship, with coffered ceilings, custom woodwork, and walls of windows with endless ocean views. The main level has a living room with granite fireplace, primary suite with spa bath, chef’s kitchen with dining counter, formal dining room, family room, screen porch, and ocean-facing patio. A curved stairway rises to a 2nd level with his’n’hers office with deck and three ensuite bedrooms. The finished lower level has a rec room with wet bar, full bath, gym, walkout to granite terraces and lawns, and attached 3-car garage with storage. Equipped with state-of-the-art systems including geothermal heat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017