18 Beach Bike Way
About This Property
Second floor guest cottage has a living area, kitchen, bathroom and bedroom. The loft has a bonus room, laundry and bathroom. All items in the owner closets will not convey. The garage has been used as a flex space for owner to store personal items which all items will not convey. Home will be sold unfurnished but most appliances will convey except 2nd floor cottage in laundry room will not convey. Please provide pre-approval letter prior to showing.
Buyer(s) are responsible to personally verify all details for property and dimensions. Any information contained in this listing is believed to be accurate but is not guaranteed.
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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 |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Jan 23, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Price Decreased |
$2,099,000
↓ $100K
(4.6%) | |
| Price Decreased | |||
| Nov 11, 2025 | Listed by Jan Hooks Real Estate Group Inc | $2,199,000 | |
| Listed by Jan Hooks Real Estate Group Inc | |||
| Apr 18, 2025 | Price Decreased |
$2,049,000
↓ $50K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017