1037 3rd 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 14, 2022 | Sold | ||
| Sold | |||
| Mar 15, 2022 | Listed by Boutique Realty, LLC | $425,000 | |
| Listed by Boutique Realty, LLC | |||
| Sep 24, 2021 | Sold | ||
| Sold | |||
| May 1, 2021 | Listed by The Gallery Residential Brokerage | $300,000 | |
| Listed by The Gallery Residential Brokerage | |||
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Great opportunity to own in West Belmar. This diamond in the rough needs work but has the potential to be a great starter home or cute Beach Cottage. It has 2 possibly 3 bedrooms and 1 bath plus a nice fenced in yard and a bonus side yard. One mile to either Spring Lake or Belmar Beach. Newer roof completed in November, 2020.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017