9 Executive Drive #286
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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Sep 9, 2023 | In contract | - | |
| In contract | |||
| May 9, 2023 | Listed by Kinlin Grover Compass | $535,000 | |
| Listed by Kinlin Grover Compass | |||
| | |||
|
Start enjoying all that Southport has to offer in this desirable one level end unit at the end of a private cul de sac. This Vineyard style offers easy one level living. The light and bright kitchen features a custom pantry with plenty of additional storage. Newer beautiful wood floors in the open living and dining area lead you to the spacious sunroom with an abundance of natural light and custom window treatments. Brand new carpeting and fresh paint in the primary bedroom with a roomy walk in closet and private full bathroom with laundry for convenience. Guest bedroom and bathroom are down the hall. The full unfinished basement can be used for storage with the potential to finish for additional living space. New furnace, AC and water heater within the last 3 years. A 9 hole golf course, tennis courts and indoor and outdoor pools are just some of the amenities you will enjoy at Southport, Cape Cod's premier 55+ active adult community.
| |||
| Jul 15, 2013 | Sold | ||
| Sold | |||
| Apr 16, 2013 | Listed by Donna Marcou at Southport | $279,000 | |
| Listed by Donna Marcou at Southport | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/09/2023
|
2 Bed
|
2 Bath
|
1338 ft²
|
$539,000
2 Bed
2 Bath
1338 ft²
|
$520,000
-3.53%
10/06/2023
|
Rick Shechtman
Kinlin Grover Real Estate
| |
|
04/16/2013
|
2 Bed
|
2 Bath
|
1335 ft²
|
$279,000
2 Bed
2 Bath
1335 ft²
|
$271,000
-2.87%
07/15/2013
|
Leonard O Leary
Seagrass Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017