122 Long Beach
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 |
|---|---|---|---|
| Oct 7, 2015 | Sold | ||
| Sold | |||
| Jun 11, 2015 | Listed by Coldwell Banker Realty - Gloucester | $525,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
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Come and make the memories for future generations of your family. This cottage has seen it's share of memories and it's time to pass it on to a new family. This is a front row cottage at Long Beach - meaning that you have full views of the ocean and easy access to the beach and beautiful sunrises to wake to. It is located at the far end of the beach with no houses behind it so it has an on site driveway. Picture easy summer days on the beach and nights of puzzles and card games. A total of four bedrooms means many generations can stay. No restriction on rentals - so bring your family, then rent it for the rest of the time to support expenses. Throw a bathing suit and a towel into the car when you come to see this property - imagine being able to do that every day all summer? Long Beach - families coming together year after year. Long Beach - a group of neighbors who end up becoming part of your family. Long Beach - a special place.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017