9 Marina Dr
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | Listed by Compass | $620,000 | |
| Listed by Compass | |||
| | |||
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Walk out the door of this bright, sunny, and fully renovated ranch home on a quiet side street behind Good Harbor Beach and you are moments from all the reasons to live on the North Shore’s best coast—Good Harbor Beach, Bass Rocks Golf & Tennis Club, Bass Rocks Swim Club, Rocky Neck, and historic Gloucester with its lively cultural and dining scene. The 3 BR, 1 bathhome features an open design with full kitchen and dining area with granite counters and laundry, living room with large bay window and gas fireplace, hardwood floors, and private outdoor patio. With expansion potential and convenient shopping at the end of the street, and a mere 2-minute drive to route 128 to Boston, this property offers an ideal summer getaway or affordable year-round home by the sea.
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| Mar 14, 2023 | Sold | ||
| Sold | |||
| Jan 23, 2023 | In contract | - | |
| In contract | |||
| Jan 18, 2023 | Listed by Compass | $525,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017