149 Atlantic Road
About This Property
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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 |
|---|---|---|---|
| Dec 15, 2009 | Listed by homesNorth | $790,000 | |
| Listed by homesNorth | |||
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Fabulous Building lot with direct ocean view and access; abuts Bass Rocks Golf Course and situated in highly desirable, estate area of back shore. Seller has Construction plan/s and Order of conditions in hand. Public water and sewer and gas are at street. Wetlands buffer zone area is flagged. Over 17,000 square feet is dry for building of single family or two townhomes.No builder tie-in required.
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| Sep 22, 2003 | Sold | ||
| Sold | |||
| May 22, 2003 | Listed by Vadala Real Estate | $539,900 | |
| Listed by Vadala Real Estate | |||
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