1785 BEACH Avenue
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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%.
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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.
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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 6, 2020 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by WATSON REALTY CORP | $2,510,000 | |
| Listed by WATSON REALTY CORP | |||
| Jun 29, 2017 | Listed by WATSON REALTY CORP | $2,189,000 | |
| Listed by WATSON REALTY CORP | |||
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Charming Oceanfront home. Completely renovated/rebuilt in 2006, down to outside walls. 3 Bedroom, 3 bath, 2 tiered living areas with raised kitchen and dining for full advantage of ocean views. Great room with fireplace and built-ins. 1 Bedroom and bath down. Lovely master with gorgeous bath with whirlpool and separate shower and evening deck and second bedroom up. Extensive Oceanside decking with hot tub. 2 story guest home totally remodeled. First level with bamboo flooring. Living room and full kitchen and dining area, spiral stairs to 2nd floor with 2 bedrooms and 2 baths and oceanview decks. Private entrance and separate sought after 20 x 50' parking lot across the street. Current tenant on month to month lease
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| Jun 14, 2016 | Listed by FLORIDA HOMES REALTY & MTG LLC | $2,399,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Fabulous oceanfront home made for enjoying the beach! Main house has been rented until 7/8/17. Presents great opportunity for forward thinking buyers. Live in or rent out the guest house while enjoying rental income from main house and planning your personal changes to property. Main house has 3 bedrooms each with own bath. Hardwoods and top shelf finishings throughout. Guest house has huge leisure area, 2 BRs, 2 full baths, laundry area and wet bar upstairs AND a living area and FULL kitchen downstairs. All guest house windows just replaced. Main house HVACs just replaced. Grassy area and private walkway to the beach. Both homes completely redone in 2006. Sale includes highly sought after LOT on west side of Beach Ave. Perfect for spillover parking.
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| Dec 9, 2015 | Listed by FLORIDA HOMES REALTY & MTG LLC | $2,399,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Fabulous oceanfront home made for enjoying the beach! Main house has 3 bedrooms each with own bath. Master overlooks ocean and has private balcony. Kitchen and great room overlook the ocean with floor to ceiling windows. Hardwoods throughout. Guest house perfect for guests, with huge leisure area, bedroom, 2 full baths and wet bar upstairs AND a living area and full kitchen downstairs. Main house and guest house easily accessible on both levels with connecting balconies. Oceanside of home has huge deck and inground jacuzzi. Grassy area and private walkway to the beach. Home completely redone in 2006 with floorplan adjustments and addition of low-maintenance synthetic cedar shake style siding. Sale includes highly sought after LOT on west side of Beach Ave. Perfect for spillover parking.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017