122 14th Avenue
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 |
|---|---|---|---|
| Feb 21, 2018 | Sold | ||
| Sold | |||
| Dec 22, 2017 | Listed by Gloria Nilson & Co. Real Estate | $550,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
| Jul 29, 2017 | Listed | $542,500 | |
| Listed | |||
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Just one block from the beautiful beach, new 1+ mile boardwalk, and quintessential ocean side eateries. Perfect for full-time living or as a summer get-away! Fabulous investment property with positive cash flow! Well maintained and in move-in condition! Some of the fine features and amenities include three bedrooms and one and a half bath, 3 yr young roof, private driveway for 3 cars, a corner lot, hardwood floors, vaulted ceilings, central air, loads of natural light, ceiling fans, finished basement, underground sprinkler, storage sheds, outdoor shower, and much more. Enjoy the sea breezes and ocean views from the covered, open front porch of this lovely shore home. This home is located in the popular and trendy town of Belmar! (The owner is a licensed real estate agent) The manager has listed the unit size as 1012 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017