178 Atlantic Rd
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 |
|---|---|---|---|
| Apr 14, 2016 | Sold | ||
| Sold | |||
| Dec 16, 2013 | Listed by North Shore's Gold Coast Realty | $185,000 | |
| Listed by North Shore's Gold Coast Realty | |||
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4 adjoining oceanfront parcels comprising 1.87 acres located directly on Bass Rocks overlooking the Atlantic Ocean and views of Twin Lights and rocky coastline! Property sits directly in front of the Oceanview Inn with 717 foot frontage on Atlantic Road. Buyer to do own due diligence regarding buildability. Good Harbor Beach nearby!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017