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129 NE 3rd Street
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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 |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Feb 24, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2024 | Listed by Engel&Voelkers Melb Beachside | $389,982 | |
| Listed by Engel&Voelkers Melb Beachside | |||
| | |||
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Close to the base! Close to the beach! Close to the everything, and this charmer has so much taken care of for you that all you need to do is buy a new toothbrush! Sitting atop a circle drive with plenty of parking for your vehicles and toys, this home looks great with its recent beachy paint job and stylish Bahama shutters. Going through the front door, you enter upon the living room and dining area straight back. The floors here are laminate, and the interior has also been painted to remind you that you are never far from the ocean here. If you wanted to take the design back to the home's mid-century modern roots, the original terrazzo floors are still underneath, so the potential remains an option for you to consider. Heading to the left, you will find the recently converted master bedroom, with vinyl flooring and new master bath with marble-topped vanity. This room has its own mini split system to keep the environment just how you like it. Heading the other way across the home, you pass the kitchen, with tile tops, tile backsplash and stainless steel appliances, cross the living room and reach the second bath with walk-in shower, as well as bedrooms 2 and 3. Bedroom 2 in particular has lots of space and the closet is outfitted with shelves and an organizer to help keep your things arranged. Both inside and out, the AC is 3 years old. The water heater is 5 years old. The roof was replaced in 2022, so no worries there! The plumbing underneath the house was also replaced a year ago, so that's another big box checked! Out back, you have loads of space to spread out and enjoy the sunshine, or build a fire in the fire pit and share the starry nights with your favorite people. On top of all that, the furniture is also negotiable, and if you don't even want to stop to pick up that new toothbrush we could probably work something out. Don't delay! Schedule your exclusive showing today! The manager has listed the unit size as 1200 square feet.
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| Sep 20, 2023 | Listed by Engel&Voelkers Melb Beachside | $389,982 | |
| Listed by Engel&Voelkers Melb Beachside | |||
| Dec 27, 2021 | Sold | ||
| Sold | |||
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About South Partick Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017