9 Sippican 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 |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by William Raveis R.E. & Home Services | $449,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Welcome to Cromesett Park! Set in a sought-after coastal community, this home offers access to a private beach and boat launch only a few houses away! This 3-bedroom petite ranch, built in 1935 and renovated in 2017, offers a bright living room, dining area, galley kitchen, and 1.5 baths. The home features updated White Oak flooring, 2 mini-splits, expanded decking with a Sun Setter awning, and enhanced patio and fencing. The spacious, private yard features a deck, patio, garden, outdoor shower, and 2 sheds with electricity. Conveniently located near Rte 6, shopping, dining, and highways. Come home to Sippican!
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| Sep 29, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017