8 Alexander Place #39
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 28, 2012 | Sold | ||
| Sold | |||
| Dec 10, 2010 | Listed by Conway - Scituate | $479,900 | |
| Listed by Conway - Scituate | |||
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Nestled on quiet side street abutting walking trails and town forest yet within 1.5 miles of Scituate's beaches, harbor, golf, marina, shops, restaurants and T station. Whitcomb Pines offers a carefree lifestyle in a spectacular oceanfront community. TO BE BUILT: 1600 sq. ft. one floor living, (unfinished 2nd level), 5 star energy rated with all amenities one desires. One story units $434,900 Two-story units @ $479,900.
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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 |
|---|---|---|---|---|---|---|---|
|
09/14/2022
|
2 Bed
|
3 Bath
|
2445 ft²
|
$759,000
2 Bed
3 Bath
2445 ft²
|
$765,000
+0.79%
11/30/2022
|
Kate Johnson
Compass
| |
|
12/10/2010
|
2 Bed
|
2 Bath
|
1600 ft²
|
$479,900
2 Bed
2 Bath
1600 ft²
|
$479,900
06/28/2012
|
Marjorie Gorman
Conway - Scituate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017