77 Otis
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 |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Price Decreased |
$814,500
↓ $15K
(1.8%) | |
| Price Decreased | |||
| May 7, 2025 | Listed | $829,500 | |
| Listed | |||
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Welcome to coastal living on Point Shirley. This beautifully renovated 4BD, 2BA home invites you to slow down and enjoy life by the beach. Start your day watching the sun rise from your yoga/sunroom, or with a cup of coffee on your front porch. With tall ceilings and an open-concept layout you'll have sight lines from the living room to the dining room to the modern kitchen with quartz counters, gas cooktop, and pull-up breakfast bar. A full bath, laundry room, designated office, and two bedrooms complete the first floor. Upstairs, unwind in the lofted family room or retreat to one of the other two large bedrooms, one with a sunny bonus space where you can enjoy views of the Boston Harbor. Host friends and family on your back deck which overlooks the fenced in yard, perfect for games, grilling & lounging. All systems and roof are just 6 years young. Two blocks to Yirrell Beach, Deer Island walking paths, and vibrant Coughlin Park. Ferry and public transportation to Boston nearby.
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| Dec 17, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017