117 Beach Road
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 |
|---|---|---|---|
| Jan 6, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2016 | Sold | ||
| Sold | |||
| Jun 1, 2016 | Listed by RE/MAX On The River, Inc. | $129,900 | |
| Listed by RE/MAX On The River, Inc. | |||
| Jul 14, 2010 | Listed by McKeon / Corcoran Real Estate | $159,900 | |
| Listed by McKeon / Corcoran Real Estate | |||
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Just under 2 acres on Beach Road this commercial property sits back from road and could be a great single family lot or may have possibility of duplex lot. Neither unit on property will be shown. Property is commercial zoned so it has many business uses as well. Buyers are encouraged to check with the local building department, But hurry, at this price it won't be available long.
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| Jan 20, 2010 | Listed | $199,000 | |
| Listed | |||
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Set a bit back off the road, almost 2 acres of land zoned commercial or residential. 2 unit building could be built on the property. Town water and sewer on site. 2 buildings currently on the property should be removed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017