1192 WINDLASS
About This Property
New year, new home! Welcome to your new home in the popular Ocean Acres development. This well-maintained home features 3 bedrooms and 2 ½ baths. Roof, siding, doors and windows have been recently updated and include a lifetime guarantee through Power Remodeling. The owners had the ductwork cleaned earlier this year. The kitchen was updated several years ago and features solid wood cabinets all the way to the ceiling along with quartz countertops. The home also features a whole house water filter.
The pantry has custom shelving installed to maximize storage space. Upstairs, is a bathroom with heated floor for those cold mornings. The 2 car garage was previously used as living space so has epoxy flooring, painted drywall and a wet bar. The garage doors are still functional and ready to house your cars, with openers replaced this year. Brand new washing machine in the first floor laundry room. The yard is nicely kept with grass, landscaping, shed with a new roof, sprinkler system, and best of all, a hot tub with automatic lift cover. Don't wait ... this one won't last long!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Price Decreased |
$540,000
↓ $35K
(6.1%) | |
| Price Decreased | |||
| Dec 30, 2024 | Listed by Home Alliance Realty | $575,000 | |
| Listed by Home Alliance Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017