115 Atlantic Ave
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 |
|---|---|---|---|
| Jun 20, 2023 | Sold | ||
| Sold | |||
| May 27, 2023 | In contract | - | |
| In contract | |||
| May 23, 2023 | Listed by RE/MAX On The River, Inc. | $1,900,000 | |
| Listed by RE/MAX On The River, Inc. | |||
| Jan 10, 2014 | Sold | ||
| Sold | |||
| Oct 23, 2013 | Listed by RE/MAX On The River, Inc. | $699,000 | |
| Listed by RE/MAX On The River, Inc. | |||
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Live by the ocean with a rental unit to help pay your mortgage. Spacious 3 bedroom, 2 bath, open concept home has wide pine flooring on the first floor. Built in 1985, this home has recently been resided with low maintenance vinyl siding and carefree composite decking with vinyl railings. Master Bedroom has private deck overlooking the ocean. Vaulted ceilings with skylights create a bright and spacious living area. One full bath on each floor. Lower level one bedroom rental unit or inlaw/guest suite. Large ocean front lot provides 10 car parking.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017