187 Beach Street
About This Property
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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%.
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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.
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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 2, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Century 21 Farm & Forest | $250,000 | |
| Listed by Century 21 Farm & Forest | |||
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Charming 4 Bedroom, 2 Bath Derby Line Home on a large 0.7 acre lot located on a dead end street! A huge covered porch welcomes you to this home. Imagine reading a book or sipping your coffee or tea in a rocking chair or swing and dining with your guests behind the privacy and shade of the green vines. Enter the home and you will immediately notice all of the gorgeous woodwork from the open staircase, to the columns, floor, built in cabinets and trim detail. A large living room has a fireplace and opens into the dining room which flows into the kitchen. Off the kitchen is a laundry room and rear enclosed entry. A bath wraps up the main level. Upstairs the wood detail continues and there are 4 bedrooms, an office and an additional bathroom. The unfinished attic is ideal for storage but could also drastically increase the square footage if finished. The basement has tall ceilings and a workshop plus a lot of storage space. Upgrades / updates include a pellet insert in the fireplace, new wiring, modern oil hot air heating system, vinyl siding and updated appliances. A single car detached garage offers vehicular or toy storage. The lot is almost entirely level and lends itself to pets, gardens, play and more! The historic village of Derby Line offers its own post office, bank, cafe, store, park and more!
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| Oct 6, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $160,500 | |
| Listed | |||
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From Interstate 91 take exit 29 and turn left towards town. Continue onto Main Street and right onto Elm St. (adjacent to Baxter Park). First left onto Forest Ave, right onto Beach and this is the last home on the left. The manager has listed the unit size as 1886 square feet.
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| Aug 18, 2017 | Listed by Jim Campbell Real Estate | $160,500 | |
| Listed by Jim Campbell Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017