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1348 Beech Street
About This Property
Welcome to this oversized high ranch, perfectly situated in the sought-after beach town of Atlantic Beach. This beautifully maintained home offers 6 bedrooms and 3 full, updated bathrooms, providing ample space for family living, guests, or a home office setup. Enjoy a bright and open layout featuring a large living room, formal dining room, and a fabulous eat-in kitchen complete with stainless steel appliances and sliding glass doors leading to a private deck-perfect for relaxing or entertaining. Gleaming hardwood floors run throughout the home, enhancing its warm and inviting feel.
The lower level includes a spacious den with a cozy fireplace and walkout access to a large backyard with room to add a pool. Central air ensures year-round comfort, and modern updates throughout the baths add a touch of luxury. Also a 2 car garage plus great storage. Ideally located just steps from the residents-only beach club and scenic boardwalk, and close to popular restaurants, shops, and boutiques-this home offers the perfect combination of space, style, and beachside convenience.
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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 6, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Listed by BERKSHIRE HATHAWAY | $1,175,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
| Mar 7, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Feb 2, 2024 | Relisted | $1,475,000 | |
| Relisted | |||
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About East Atlantic Beach
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Data Source: OneKey MLS
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