81 Phillips Road
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 |
|---|---|---|---|
| May 1, 2019 | Sold | ||
| Sold | |||
| Jul 9, 2018 | Listed by Sotheby's International Realty | $1,198,000 | |
| Listed by Sotheby's International Realty | |||
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A spectacular location on Sagamore Beach. Enjoy the miles of beach views from Sagamore to Plymouth. Situated on the former site of the Bradford Arms Hotel, this contemporary beach house boasts 3 bedrooms and 3 baths with a two-car garage underneath. Beautiful beach roses and hydrangea's line the property. Extend your beach living outdoors on the multilevel deck overlooking the water and enjoy games on the lawn while listening to the waves. The master bedroom enjoys a slider to the beach allowing the ocean breeze flow through the room. This property is not to be missed!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017