112 12th Avenue
About This Property
But the real gem of this home is located right outside of the dining room, As you open the doors you will find the the secret garden backyard, complete with mature plants and a stocked koi pond. It's the perfect place to relax and unwind after a long day, or to entertain friends and family at beautiful dinners under the stars. And if you need to get some work done, the home also features a private office that's perfect for getting things done in peace and quiet. Overall, this home is a true find in sought after Seaside Park and is sure to impress anyone who visits.
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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 |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | Listed by Childers Sotheby's Intl Realty | $749,000 | |
| Listed by Childers Sotheby's Intl Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017