1174 BEACH Avenue
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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 |
|---|---|---|---|
| Apr 5, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by NON MLS (realMLS) | $1,550,000 | |
| Listed by NON MLS (realMLS) | |||
| Oct 18, 2019 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $1,299,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
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This beautiful, classic beach home has been lovingly restored and fully upgraded! Completely renovated in 2003 with all new electrical, plumbing and HVAC along with a new roof & windows. The original 1930's structure was raised and a new addition was built below to preserve the character of this home with it's heart of pine floors, cypress ceilings and architectural details. Open floor plan for easy living and entertaining. The living areas open to a 300sq foot deck to enjoy the ocean breezes and the sounds of the surf. Cooks kitchen with 5 burner gas cook top, white cabinets, SS appliances and a wine chiller. Master suite with vaulted ceilings, spacious bath and large closet with built ins. The first floor has 3 bedrooms, 2 baths, a living room and an office with built in desks and bookcases. Private backyard with a gas heated pool and spa. Perfectly located in Old Atlanitc Beach just steps away from the 12th Street Beach access.
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| Jun 29, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017