1614 ATLANTIC AVENUE
About This Property
Come experience this hidden gem that sits on almost an acre in a wooded lakeside community. This home has been extensively rehabbed, with a huge eat in kitchen that includes stainless steel appliances, granite countertops, vinyl plank flooring & LED lighting throughout . This home has 3 bedrooms, 2 full bathrooms & a nice laundry room adjacent to bedrooms. BRAND NEW SEPTIC 2021. The roof, a new high efficiency heater & A/C was replaced in 2021. The yard has plenty of space to turn the outdoor space into something magical. Schedule an appointment today!
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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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jul 27, 2025 | Price Decreased |
$375,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by Keller Williams Realty - Washington Township | $389,900 | |
| Listed by Keller Williams Realty - Washington Township | |||
| Jul 30, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017