18 Myrtle 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 |
|---|---|---|---|
| Sep 4, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed by Oceanside Realty Group, Inc. | $329,900 | |
| Listed by Oceanside Realty Group, Inc. | |||
| May 19, 2017 | Sold | ||
| Sold | |||
| Jan 27, 2017 | Listed by Today Real Estate, Inc. | $319,000 | |
| Listed by Today Real Estate, Inc. | |||
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Summertime starts here! Short walk to the beach from this 2 bedroom, 1 bath, adorable, year round ranch. Open living room, dining and kitchen with granite countertops. Hardwood floors, fireplace, updated bathroom, newer septic & roof, outside shower & full basement, and a wrap around deck, it's all been done just come relax and enjoy! Under 3-10ths of a mile to the beach and NOT in the flood zone. This home would work great as an investment property as well.
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Address: 335 Madison Avenue, New York, NY 10017