785 State Hwy #5
About This Property
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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.
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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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 3, 2024 | Listed by Keller Williams Realty | $295,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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The seasonal summer cottage; for some it's where so many Cape Cod memories were made; for others, it's an opportunity to spend some much needed time with toes in the sand. Offered with everything in it - inside & out - you can finish this summer and start planning for 2025 right now! Recent upgrades include new roof (2023), new outdoor shower, new rear door & deck, refinished hardwood floors, new bath vanity, wet bar and retro-style fridge. A double/twin bunk bed combo and sleeper couch provide ample sleeping. Spend those long summer nights outside under the stars enjoying a spacious and very private back yard. A large hammock, new outdoor furniture, fire pit, gas grill, three bicycles, two kayaks and rack are all part of the package. You need only bring yourself and your love for old Cape Cod. At the rear of the complex is a wood chip path that leads to the Cape Cod Rail Trail. Rentals are permitted. Seller will negotiate a concession towards buyer's purchase related costs.
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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 |
|---|---|---|---|---|---|---|---|
|
04/22/2025
|
2 Bed
|
1 Bath
|
395 ft²
|
$335,000
2 Bed
1 Bath
395 ft²
|
$325,000
-2.99%
08/18/2025
|
Kathleen Conway
Keller Williams Realty
| |
|
08/03/2024
|
1 Bed
|
1 Bath
|
240 ft²
|
$295,000
1 Bed
1 Bath
240 ft²
|
$285,000
-3.39%
11/04/2024
|
Erin Copeland
Keller Williams Realty
| |
|
10/09/2019
|
2 Bed
|
1 Bath
|
395 ft²
|
$204,000
2 Bed
1 Bath
395 ft²
|
$195,000
-4.41%
09/16/2020
|
Thomas Kwasniak
Jack Conway Harwich
| |
|
09/01/2010
|
Studio
|
1 Bath
|
294 ft²
|
$120,000
Studio
1 Bath
294 ft²
|
$115,700
-3.58%
10/29/2010
|
Bonnie Munro
Today Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017