75
Map
1242 BEACH Avenue
About This Property
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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.
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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 20, 2026 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $1,950,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Sep 25, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $795,000 | |
| Listed | |||
| | |||
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Fewer than 100 steps to the beach! Paver driveway to easily accommodate 6-7 cars. This charming beach home has all the modern conveniences and updating; however, the owner left some of the original bungalow charm during major renovation in 2011. Downstairs family room with bedroom & full bathroom could easily be converted to a private in-law suite by means of adding a doorway. Paver patio courtyard with glassed entertainment room perfect for indoor-outdoor parties. Roll-up the glass garage door and enjoy the beach breeze! Electricity and water are already plumbed to add an outdoor kitchen. Newer hurricane impact windows. Tankless water heater. Dining area with built-in server. Separate 1-car garage. Original family-owned! Priced BELOW appraisaThe manager has listed the unit size as 1811 square feet.
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| Nov 20, 2016 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $795,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
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About Beaches
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$8,200 /mo
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- 3 Baths
- 2,619 ft²
$5,500 /mo
- 1 Bed
- 2 Baths
- 917 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017