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Map
112 Atlantic Avenue
About This Property
Absolutely GORGEOUS, built in 2020, this 3bed/3bath two-story multi-generational home is close to the beach! In the kitchens, find quartz islands with stainless-steel country sinks, stainless-steel appliances, and plenty of counter space!
Upstairs, along the custom handmade blown glass and steel railing, you have 2bed/2bath with a full-sized kitchen and 384sqft covered deck w/ outdoor grill and hot tub.
Downstairs your guests can enjoy their own 1bed/1bath suite with a full-sized kitchen and separate private covered 320sqft patio for outdoor relaxing. This home features a foyer with separate entrances and a 2-car garage.
Centrally located, close to shopping, beaches, and restaurants. See Me Before I am Gone!
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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 |
|---|---|---|---|
| Jun 28, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by EXP Realty, LLC | $750,000 | |
| Listed by EXP Realty, LLC | |||
| Sep 19, 2012 | Sold | ||
| Sold | |||
| May 14, 2009 | Listed by RE/MAX Alternative Realty | $50,000 | |
| Listed by RE/MAX Alternative Realty | |||
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Walk to the ocean from this beachside lot. Seller had zoning changed to RU1-13 so lot is buildable. One of the very few beachside lots available. Brevard County says minimum living area square footage is 1300. Setbacks reqd: 20 feet front, 20 feet rear, 7-1/2 each side. Buyer to verify information regarding building requirements and restrictions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017