77 Israel Head Road #23
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 |
|---|---|---|---|
| Sep 2, 2016 | Sold | ||
| Sold | |||
| May 24, 2016 | Listed by Pierre Peloquin Realty | $449,000 | |
| Listed by Pierre Peloquin Realty | |||
| May 23, 2014 | Sold | ||
| Sold | |||
| Apr 4, 2014 | Listed by Anne Erwin Sothebys International Rlty | $439,000 | |
| Listed by Anne Erwin Sothebys International Rlty | |||
| | |||
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The "Ontio" is located high atop Israel Head in beautiful Ogunquit, Maine. The sought after location of this luxury condominium community offers sweeping views of the ocean and is within a short walk or trolley ride to Ogunquit Beach or famed Perkin's Cove. The garden style, single bedroom home features a sun-filled living room, galley kitchen with adjacent alcove dining, office, and master bedroom suite. The grounds are well landscaped with a community pool for enjoyment. A fine assortment of boutiques, gifts, and antique shops, and popular restaurants adorn the picturesque drive of Ogunquit's Shore Road.
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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 |
|---|---|---|---|---|---|---|---|
|
03/21/2024
| |
1 Bed
|
1 Bath
|
767 ft²
|
$799,000
1 Bed
1 Bath
767 ft²
|
-
-
|
Donald Wunder
RE/MAX Realty One
|
|
11/17/2023
|
2 Bed
|
2 Bath
|
-
|
$1,095,000
2 Bed
2 Bath
|
-
-
|
Robert Coles
RE/MAX Realty One
| |
|
11/17/2023
|
2 Bed
|
2 Bath
|
990 ft²
|
$899,000
2 Bed
2 Bath
990 ft²
|
-
-
|
Robert Coles
RE/MAX Realty One
| |
|
05/27/2022
|
1 Bed
|
1 Bath
|
-
|
$715,000
1 Bed
1 Bath
|
-
-
|
Carolyn Weller
RE/MAX Realty One
| |
|
12/18/2019
|
2 Bed
|
2 Bath
|
-
|
$650,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
05/24/2016
|
1 Bed
|
1 Bath
|
738 ft²
|
$449,000
1 Bed
1 Bath
738 ft²
|
$443,000
-1.34%
09/02/2016
|
Pierre Peloquin
Pierre Peloquin Realty
| |
|
04/04/2014
|
1 Bed
|
1 Bath
|
738 ft²
|
$439,000
1 Bed
1 Bath
738 ft²
|
$415,000
-5.47%
05/23/2014
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017