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13 Beach Avenue
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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 |
|---|---|---|---|
| Nov 1, 2010 | Sold | ||
| Sold | |||
| Sep 1, 2010 | Listed by Armstrong Field Real Estate | $675,000 | |
| Listed by Armstrong Field Real Estate | |||
| | |||
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Spectacular oceanfront views from this classic 1885 Victorian cottage . Oceanside living with views of the light house at Beverly, Manchester and Baker's Island. Watch the sailboats going by! Two blocks from a neighborhood beach & park. Minutes from Commuter Rail & ferry to Boston, as well as cultural, shopping, entertainment and dining offerings of historic downtown Salem. Rental apartment on lower level.
| |||
| May 21, 2010 | Listed by The Entry Only Listing Service | $699,000 | |
| Listed by The Entry Only Listing Service | |||
| Jul 23, 2001 | Sold | ||
| Sold | |||
| Jun 6, 2001 | Listed by The Entry Only Listing Service | $499,000 | |
| Listed by The Entry Only Listing Service | |||
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Address: 335 Madison Avenue, New York, NY 10017