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120 BEACH Avenue
About This Property
Steps to Beach, Ocean & walkability 100%. Options many with lot extending from Ocean Blvd. to Beach Ave.: renovate or bring your builder to create your special design with approval of COAB Building Dept..(Lot is 58' Front, 123' Depth). Short commute to area medical facilities - Beaches Baptist & Mayo Clinic; A1A to St. Augustine; JIA; Downtown JAX; Jaguars Stadium. The popular destination for residents & tourists....''Beaches Town Center'' located in the center of the Atlantic Beach & Neptune Beach Center. A+ residential areas, restaurants, shopping, beach hotels + boutique hotels walking distance, best of beach activities, monthly Beaches Art Walk + +.
Property is unique offering multigenerational living at the beach!
Visit one of AB's ''Historial Homes'' with many changes/updates throughout original building created 1922. Location is in the center of the start of AB ''city by the sea''!
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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%.
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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.
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About Beaches
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Currently no similar homes aroundNearby Rentals
$5,500 /mo
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- 2 Baths
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$9,000 /mo
- 3 Beds
- 3 Baths
- 2,132 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017