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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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed | $825,000 | |
| Listed | |||
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OPEN HOUSE CANCELLED ACCEPTED OFFER! Welcome to Humarock! This classic 4BR,1Bath coastal cottage is your perfect seaside getaway. Just a short stroll to the beach, the home beautifully blends timeless charm with modern updates. Recent improvements include a new roof, siding, windows, and refreshed kitchen and bath all thoughtfully designed to preserve its character while adding comfort and style. Expansive wraparound deck ideal for lounging with a book, or stargazing on warm summer nights. After a day in the sun, rinse off in the convenient outdoor shower. While the cottage does not have central heat, it offers an authentic seasonal retreat for those seeking to unplug and enjoy the simple pleasures of summer living. The property also boasts a strong rental history, providing excellent potential for supplemental income when not in use. As an added bonus, the FUN outdoor furniture, including multiple seating areas and a tiki bar, is included as a gift to the buyers.
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| Apr 29, 2011 | Sold | ||
| Sold | |||
| Jun 1, 2010 | Listed | $899,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017