1 Seba Avenue
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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 8, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by RE/MAX Edge | $888,000 | |
| Listed by RE/MAX Edge | |||
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Welcome to your dream home in Gerritsen Beach! This charming single-family detached house boasts a prime location right in front of the serene Waterview, offering picturesque views and a tranquil atmosphere. The first floor features a spacious living room perfect for relaxing and entertaining, a modern kitchen equipped with all essential appliances, a cozy dining area for family meals, 2 comfortable bedrooms (originally 3), and a full bathroom. Enjoy the beauty of nature from the sunroom, with windows facing the Waterview, providing a perfect spot to unwind and soak in the stunning scenery. The basement offers 2 large rooms, ideal for a home gym, game room, or additional living space, and another bathroom for added convenience. A separate entrance provides privacy and easy access. Adjacent to the house is a private driveway leading to your very own garage, offering secure parking and extra storage space. Embrace the waterfront lifestyle with a prime location right in front of the serene Waterview of Shell Bank Creek. Step out onto your private deck and enjoy the stunning views. The property includes dock space for 4 boats and 3-4 jet skis, making it a paradise for water enthusiasts. The space is rented out for extra income, generating over $10,000 annually. Building size 32x40. This house is situated on 2 lots spanning 85x45. Annual property tax is $5,359. Enjoy the numerous outdoor activities nearby, including fishing, parks, and playgrounds just minutes away. Convenient public transit options include the B31 and BM4 buses, making commuting easy. This unique property combines the best of waterfront living with the comfort and convenience of a well-designed home. Don't miss the chance to own this slice of paradise in Gerritsen Beach!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017