733 Post Road #116
About This Property
The manager has listed the unit size as 264 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 20, 2022 | No longer available | - | |
| No longer available | |||
| Jan 13, 2022 | Listed | $60,000 | |
| Listed | |||
| | |||
|
OFFER DEADLINE WEDNESDAY 1/19/22 AT 12:00PM. PLEASE ALLOW A MINIMUM OF 24 HOURS FOR A RESPONSE.Here is your investment for 2022! Unit #116 is a first floor unit, complete with a queen size bed, pull out couch, kitchenette and new smart tv. Take advantage of this motel-condominium for all it has to offer! You have unlimited access to all common area amenities including a pool, hot tub, BBQ-grilling area, new patio, gym and playground. Just a quick walk, bike, trolly ride or car ride to the route 1 beach town attractions. Looking for a completely hands off investment property? Well this couldn't be a better setup! You can join the rental pool where the motel handles everything for you. Guest stays, guest booking, cleaning/laundry, fixing anything that breaks. You can just sit back and collect! Prefer to be more hands on? You can manage everything yourself! You can also explore the timeshare option if you are looking to do some traveling. An investment property with room to tailor it to your liking all in one of the hottest Maine spots.Please note this is a lodging facility. Per the town, there cannot be any stays longer than 28 consecutive days for an owner or a guest. Sea Mist is open from April through the first weekend of December.
| |||
| Jul 12, 2019 | No longer available | - | |
| No longer available | |||
| Apr 2, 2019 | Price Decreased |
$43,999
↓ $1K
(2.2%) | |
| Price Decreased | |||
| Mar 11, 2019 | Listed | $45,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2024
| |
Studio
|
1 Bath
|
264 ft²
|
$95,000
Studio
1 Bath
264 ft²
|
-
-
|
Laurie Marcello
Gorham
|
|
12/04/2023
|
1 Bed
|
1 Bath
|
264 ft²
|
$95,000
1 Bed
1 Bath
264 ft²
|
-
-
|
Kathleen Beaudoin
Wells
| |
|
08/28/2023
|
1 Bed
|
1 Bath
|
-
|
$95,000
1 Bed
1 Bath
|
-
-
|
Tricia Huot
Coldwell Banker Realty
| |
|
09/27/2022
|
Studio
|
1 Bath
|
-
|
$69,900
Studio
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
08/27/2022
|
1 Bed
|
1 Bath
|
-
|
$85,000
1 Bed
1 Bath
|
-
-
|
Tori Leonard
Coldwell Banker Realty
| |
|
07/08/2022
|
Studio
|
1 Bath
|
-
|
$75,000
Studio
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
11/22/2021
|
1 Bed
|
1 Bath
|
-
|
$55,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
04/28/2022
|
1 Bed
|
1 Bath
|
-
|
$74,500
1 Bed
1 Bath
|
-
-
|
Jason Vennard
EXIT Oceanside Realty
| |
|
03/12/2022
|
1 Bed
|
1 Bath
|
-
|
$74,900
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
03/08/2022
|
1 Bed
|
1 Bath
|
-
|
$70,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
03/05/2022
|
1 Bed
|
1 Bath
|
-
|
$67,900
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
02/20/2022
|
1 Bed
|
1 Bath
|
-
|
$65,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
01/25/2022
|
1 Bed
|
1 Bath
|
-
|
$65,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
01/21/2022
|
1 Bed
|
1 Bath
|
-
|
$60,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
01/13/2022
|
1 Bed
|
1 Bath
|
-
|
$60,000
1 Bed
1 Bath
|
-
-
|
Brian Shedla Jessica Niles
Locations Real Estate Group LLC
| |
|
12/23/2021
|
1 Bed
|
1 Bath
|
-
|
$65,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
11/30/2021
|
1 Bed
|
1 Bath
|
-
|
$55,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
07/19/2021
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
Susan Michaels
Coldwell Banker Realty
| |
|
07/06/2021
|
1 Bed
|
1 Bath
|
-
|
$44,900
1 Bed
1 Bath
|
-
-
|
Jason Vennard
EXIT Oceanside Realty
| |
|
12/14/2020
|
1 Bed
|
1 Bath
|
-
|
$41,500
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/12/2020
|
1 Bed
|
1 Bath
|
-
|
$42,500
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/06/2020
|
1 Bed
|
1 Bath
|
-
|
$39,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
01/19/2020
|
1 Bed
|
1 Bath
|
-
|
$43,200
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/04/2020
|
1 Bed
|
1 Bath
|
-
|
$39,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/20/2020
|
1 Bed
|
1 Bath
|
264 ft²
|
$45,000
1 Bed
1 Bath
264 ft²
|
$34,700
-22.89%
03/24/2021
|
Jane Cyr
| |
|
10/18/2019
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
10/18/2019
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/27/2019
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/11/2019
|
1 Bed
|
1 Bath
|
264 ft²
|
$45,000
1 Bed
1 Bath
264 ft²
|
-
-
|
-
| |
|
01/30/2019
|
1 Bed
|
1 Bath
|
-
|
$44,500
1 Bed
1 Bath
|
$44,500
07/03/2019
|
Susan Michaels
| |
|
11/02/2018
|
1 Bed
|
1 Bath
|
264 ft²
|
$43,000
1 Bed
1 Bath
264 ft²
|
-
-
|
-
| |
|
08/13/2018
|
1 Bed
|
1 Bath
|
264 ft²
|
-
1 Bed
1 Bath
264 ft²
|
-
-
|
-
| |
|
09/01/2017
| |
1 Bed
|
1 Bath
|
264 ft²
|
-
1 Bed
1 Bath
264 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017