9 Saltwater Circle
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 |
|---|---|---|---|
| Oct 11, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed by Realty Executives of Cape Cod | $632,804 | |
| Listed by Realty Executives of Cape Cod | |||
| Sep 19, 2015 | Listed by Realty Executives of Cape Cod | $632,804 | |
| Listed by Realty Executives of Cape Cod | |||
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The Azalea Cottage captures all the charm and comfort of a new year-round beach-side home. With a soaring cathedral ceiling living room and a plentiful array of windows, this home captivates you upon entrance. Hardwood floors, gas fireplace and beautiful woodwork creates a warm and welcoming setting. The spacious first floor master bedroom and bath provides the perfect space for enjoying one floor living. A second level bedroom and bath complete this design. This particular home also features upgraded kitchen cabinets, counters and a two car garage. Its lower level is ready to be finished with bonus room, bedroom and bath. Property overlooks a lovely green space edged with privet fencing. All cottages are designed with energy efficient, maintenance-free materials and components. Homeowner association maintains grounds allowing homeowners time to enjoy all that New Seabury has to offer. The Cottages at New Seabury are located within an easy walk or bike ride to New Seabury's beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017