139 Atlantic Ave (Ocean Front)
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 3, 2009 | Sold | ||
| Sold | |||
| Mar 10, 2006 | Sold | ||
| Sold | |||
| Sep 20, 2005 | Listed by RE/MAX Alliance | $729,900 | |
| Listed by RE/MAX Alliance | |||
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OCEAN FRONT! CLEAR SPAN 50'X 150'(STREET TO BEACH) LOT....GREAT SEASONAL RENTAL RATES ($220-$2400) PER WEEK WHILE YOU DESIGN YOUR FUTURE OCEAN FRONT HOME. PLENTY OF PARKING,PRIVATE LOCATION, FURNISHED,PUBLIC WATER/SEWER. MOTIVATED SELLER OFFERING $5,000 TOWARDS BUYERS CLOSING COST.
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| Apr 26, 2002 | Sold | ||
| Sold | |||
| Sep 13, 2001 | Listed by Weichert REALTORS® Points East Yankee Trader | $485,000 | |
| Listed by Weichert REALTORS® Points East Yankee Trader | |||
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SPECTACULAR WATERFRONT LOCATION WITH UNSURPASSED OCEAN AND MARSH VIEWS. LARGE LOT WITH AMPLE PARKING. THE BEACH IS AT YOUR DOOR STEP.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017