1401 11th Street
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.
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 6, 2017 | Sold | ||
| Sold | |||
| Sep 28, 2017 | Listed by Strand Hill Christie's International Real Estate | $1,950,000 | |
| Listed by Strand Hill Christie's International Real Estate | |||
| Apr 6, 2017 | Sold | ||
| Sold | |||
| Mar 2, 2017 | Listed by Re/Max Estate Properties | $1,349,000 | |
| Listed by Re/Max Estate Properties | |||
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This is a very cool Ranch style home on a large corner lot. It has a large spacious grassy front and backyard. There is a step down family room with a wood burning stove and a flagstone floor with sliding glass doors leading to the backyard. Throughout the house, there are beautiful hardwood floors. The large living room has a fireplace and multiple windows for plenty of light. The dining area opens to a covered stone patio via a sliding glass door with stone steps down to the backyard. The kitchen has a tastefully tiled breakfast bar in addition to the tiling on the floor and counter tops throughout the kitchen. Both bathrooms also have tile throughout. There is a laundry area adjacent to the side door near the kitchen, which also leads to the side/backyard. This is a perfect starter home for Manhattan Beach, live comfortably now and make improvements later.
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Property Highlights
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About Eastside Manhattan Beach
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$5,995 /mo
- 3 Beds
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$7,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017