185 Atlantic Road
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 |
|---|---|---|---|
| Oct 17, 2018 | Sold | ||
| Sold | |||
| Feb 7, 2018 | Listed by Engel & Volkers By the Sea | $2,195,000 | |
| Listed by Engel & Volkers By the Sea | |||
| Sep 5, 2014 | Sold | ||
| Sold | |||
| Aug 14, 2013 | Listed by Coldwell Banker Realty - Manchester | $1,199,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
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Tremendous opportunity a own a piece of Gloucester's prestigious Back Shore. This Mid-Century Contemporary has fabulous, ever-changing views of the Atlantic Ocean, up and down our rugged coast. What a great place to wake up! The open concept floor plan features a Living Room with brick fireplace, Dining Room with picture window, large eat-in Kitchen and huge Family Room/Bonus Room. The Master Bedroom features a screened porch overlooking the ocean. Two car garage. Large level parcel with gardens and stone walls. Short walk to Good Harbor Beach, Niles Beach and Bass Rocks Golf Club. Included is 188 Atlantic Road on the ocean side of the street, which is a non-buildable quarter acre parcel. With updating, this home could be a showplace!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017