94 Phillips Avenue
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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 22, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by Compass | $1,449,000 | |
| Listed by Compass | |||
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Set in a highly sought-after neighborhood in Rockport, this light-filled home offers direct access to Andrews Woods and nearby public footpaths leading to the shoreline. The flexible layout features four bedrooms plus a fully equipped in-law suite, ideal as a fifth bedroom with private entrance and deck. Exterior storage provides potential for a future studio or creative space. High ceilings and woodland views enhance both levels. Amenities include upstairs laundry, energy-efficient heat and A/C, newer hot water, town water and sewer, and a paved driveway with ample parking. A two-car garage is complemented by a third bay with rear-facing sliders, perfect for a workshop or hobby space. Close to Halibut Point State Park, The Lobster Pool, and Hoop Hole Hollow. Recent updates include refinished floors, fresh paint, and professional staging.
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| Jun 16, 2005 | Sold | ||
| Sold | |||
| Mar 21, 2005 | Listed | $799,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017