78 Thatcher Rd #4
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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| May 18, 2023 | In contract | - | |
| In contract | |||
| Apr 24, 2023 | Price Decreased |
$1,300,000
↓ $50K
(3.7%) | |
| Price Decreased | |||
| Apr 4, 2023 | Price Increased |
$1,350,000
↑ $50K
(3.9%) | |
| Price Increased | |||
| Mar 20, 2023 | Listed by Bean Group | $1,300,000 | |
| Listed by Bean Group | |||
| | |||
|
Welcome home to a carefree, luxurious, oceanside lifestyle. Ride the elevator to the top floor of a 6 unit complex where you will enjoy single-level living. Across from Good Harbor Beach & short ride to Long Beach, your new home is perfectly set to take advantage of Cape Ann’s natural beauty. Embrace sweeping marsh & ocean views & bask in the flood of natural light shed through oversized windows wrapping around a generous open layout. Breathe in the sweet salt air from either of your 2 private decks at sunrise. Sunbathe or watch the surf roll in over an evening of sunsets from the rooftop deck. A chef’s kitchen offers a luxe island, marble countertops, radiant heat & custom cabinetry. The dining & living room are graced by high ceilings & gas fireplace. Plenty of space for guests w/ 2 en-suite bedrooms, laundry room & extra room for an office or dressing room. 2 car garage, storage room & on-site gym, w/ option for private trainer, complete this elite & luxury home & lifestyle package.
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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 |
|---|---|---|---|---|---|---|---|
|
02/18/2026
|
2 Bed
|
2 Bath
|
2009 ft²
|
$1,450,000
2 Bed
2 Bath
2009 ft²
|
$1,310,000
-9.66%
06/03/2026
|
Christopher Cormier
Arris Realty
| |
|
03/20/2023
|
2 Bed
|
3 Bath
|
2077 ft²
|
$1,500,000
2 Bed
3 Bath
2077 ft²
|
$1,225,000
-18.33%
06/30/2023
|
Sigute Snipas
Bean Group
| |
|
01/05/2020
|
2 Bed
|
2 Bath
|
2310 ft²
|
$1,195,000
2 Bed
2 Bath
2310 ft²
|
$1,175,000
-1.67%
02/04/2020
|
Syndi Zaiger
Nest Real Estate
| |
|
11/15/2019
|
2 Bed
|
2 Bath
|
2310 ft²
|
$1,295,000
2 Bed
2 Bath
2310 ft²
|
$1,200,000
-7.34%
12/27/2019
|
Syndi Zaiger
Nest Real Estate
| |
|
04/25/2019
|
2 Bed
|
3 Bath
|
2276 ft²
|
$1,389,000
2 Bed
3 Bath
2276 ft²
|
-
-
|
-
| |
|
07/24/2019
|
2 Bed
|
2 Bath
|
2077 ft²
|
$1,250,000
2 Bed
2 Bath
2077 ft²
|
$1,225,000
-2.00%
08/05/2019
|
Syndi Zaiger
Nest Real Estate
| |
|
07/08/2019
|
2 Bed
|
2 Bath
|
2014 ft²
|
$925,000
2 Bed
2 Bath
2014 ft²
|
$900,000
-2.70%
11/05/2020
|
Syndi Zaiger
Nest Real Estate
| |
|
04/24/2019
|
2 Bed
|
3 Bath
|
2310 ft²
|
$1,379,000
2 Bed
3 Bath
2310 ft²
|
-
-
|
-
| |
|
07/02/2011
| |
Loft
|
-
|
4060 ft²
|
$999,900
Loft
-
4060 ft²
|
$825,000
-17.49%
03/16/2012
|
Fatima Heath
North Shore's Gold Coast Realty
|
|
02/21/2007
| |
Loft
|
2 Bath
|
4060 ft²
|
$1,275,000
Loft
2 Bath
4060 ft²
|
-
-
|
Paul Brown
Paul P. Brown Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017