1616 BEACH Avenue
About This Property
OPEN HOUSE FRIDAY APRIL 23, 2:00 - 5:00
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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 |
|---|---|---|---|
| Jun 24, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,415,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Sep 19, 2008 | Listed by RE/MAX ADVANTAGE | $700,000 | |
| Listed by RE/MAX ADVANTAGE | |||
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Prettiest lot on west side of Beach Ave. Next to lovely private park. Beach access 2 doors away. 3br/2.5ba, 2 car garage,inground heated pool w/hot tub, sauna, sprinkler system with well, outdoor showers, motivated seller, easy to show.
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| Mar 14, 2008 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $799,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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AMAZING LOCATION ~ LOCATION ~ LOCATION! NESTLED AMOUNG BEAUTIFUL TREES AND NEXT TO A PARK-LIKE SETTING. ONLY STEPS TO THE OCEAN ACROSS THE STREET. LIVE YOUR DREAM IN QUAINT ATLANTIC BEACH. TENANTS THRU AUGUST.
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| Sep 18, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017