16 Beach Street
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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 |
|---|---|---|---|
| Nov 1, 2017 | Sold | ||
| Sold | |||
| Aug 8, 2017 | Listed by Shore Homes Shirvanian Realty | $489,000 | |
| Listed by Shore Homes Shirvanian Realty | |||
| May 20, 2016 | Sold | ||
| Sold | |||
| Apr 6, 2016 | Listed by Gloria Nilson & Co. Real Estate | $359,900 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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Looking for the perfect beach house close to beach shopping and great restaurants this is it and owner can accommodate a quick closing to be in for summer fun! Home has been raised to requirements and gained 3 parking spots under house. Beautiful newer white kitchen with quartz counter tops. New bath with shower off kitchen with laundry. Hardwood floors thru out give a true beach house feel. Upstairs offers 2/3 bedrooms and a full bath. There is also a 3rd floor loft area for storage or playroom. Plenty of outdoor living space with nice rear deck and two front decks offering river and ocean vistas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017