15 Cayuga
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 |
|---|---|---|---|
| Oct 4, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | In contract | - | |
| In contract | |||
| Jul 12, 2023 | Listed by Your Home Sold Guaranteed Rlty | $875,000 | |
| Listed by Your Home Sold Guaranteed Rlty | |||
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WELCOME TO 15 CAYUGA OCEAN BAY PARK...Now it's time for you to get the beach home that you have been dreaming about. Steps from the bay and steps from the beach. This charming home has been updated within the last 10 years. (updated electrical, new flooring, new roof). Featuring 3 bedrooms, one and a half bathrooms. Open living room/dining area. Wood-burning fireplace. The kitchen features a good amount of maple cabinets. Tankless hot water heater. 3 private decks in total plus a shed (laundry room) and an outdoor shower. Great entertaining areas. This vacation home is super affordable and in "move-in" condition. Keep it for yourself or enjoy tremendous summer vacation rental income. This home comes fully furnished. Low low taxes and low flood insurance.
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| Apr 4, 2018 | Sold | ||
| Sold | |||
| Mar 5, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017