2 Inlet Terrace
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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 |
|---|---|---|---|
| Mar 13, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | Listed by RE/MAX Revolution | $3,200,000 | |
| Listed by RE/MAX Revolution | |||
| Oct 5, 2019 | Listed by RE/MAX Paradigm Realty Group | $1,995,000 | |
| Listed by RE/MAX Paradigm Realty Group | |||
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Truly magnificent Inlet Terrace. Park your boat with direct ocean access, walk to town, or walk to the beach - a true triple header. Everyone is always impressed when they approach the tree-lined streets of Inlet Terrace. Join the coterie of those who reside in one of the most magnificent locations on the East Coast. This 1920s vintage home has been lovingly cared for and is in mostly original condition. The bulkhead has been installed at great expense in recent years. Homes are rarely available on Inlet Terrace. This is your chance. Call today.
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About Belmar
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Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 22403407
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017