18 Shore 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 2, 2012 | Sold | ||
| Sold | |||
| Jan 3, 2008 | Listed by J. Barrett & Company | $3,999,000 | |
| Listed by J. Barrett & Company | |||
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Rare opportunity to own a piece of oceanfront history! Rockledge - a breathtaking seaside residence commanding spectacular, panoramic views of the Atlantic Ocean including views of Norman's Woe, Rafe's Chasm, Eastern Point and the Boston Skyline. This Mediterranean style Villa has been painstakingly renovated to the highest of standards with state of the art systems and modern conveniences while maintaining its magnificent grand stature.
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| Feb 27, 1998 | Sold | ||
| Sold | |||
| Nov 4, 1997 | Listed by J. Barrett & Company | $1,500,000 | |
| Listed by J. Barrett & Company | |||
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Address: 335 Madison Avenue, New York, NY 10017