1102 Avenue M
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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 |
|---|---|---|---|
| May 17, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by Joe Tramonte Realty, Inc. | $349,000 | |
| Listed by Joe Tramonte Realty, Inc. | |||
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TWO BLOCKS FROM THE BEACH! This 2/1, recently updated, beach cottage is absolutely adorable. Situated on a fenced, corner lot, you are steps away from the Gulf of Mexico, entertainment, restaurants, bars and less than a 15 minute walk to the Pleasure Pier. The Strand, downtown and piers are an easy, relaxing bike ride away. Front porch, back deck and two side patios. Back yard with privacy fence. Hardwood floors throughout! Butcher block countertops. First time homeowners, second home, vacation rentals - the possibilities are endless! This quintessential island home is ready for you to enjoy the salty air breezes and beautiful beach sunrises and sunsets. Call us today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017