20 7th Place #4D
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%.
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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.
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 16, 2018 | Sold | ||
| Sold | |||
| Jul 27, 2018 | Listed by U.S. Real Estate Services Inc | $329,900 | |
| Listed by U.S. Real Estate Services Inc | |||
| Oct 11, 2017 | Sold | ||
| Sold | |||
| Apr 21, 2017 | Listed by Coldwell Banker Beachside | $314,500 | |
| Listed by Coldwell Banker Beachside | |||
| | |||
|
Cute Beach Cottage.. Walk out the door and you are at the beach.. Large patio deck with Partial view of Ocean at end of block..View between other condos at end of 7th Place...Community BBQ on Patio Deck... Upgraded granite counters in kitchen and bath.. tile and wood floors.. crown moldings..Lots of Natural Light..4 miles of walking and bike path along the beach.. Steps to Shoreline Village with water view dining.. Short drive to Belmont Shore to enjoy restaurants, shopping and entertainment.. Alamitos Bay nearby for more incredible ocean view dining and boats tours..
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/27/2018
|
1 Bed
|
1 Bath
|
540 ft²
|
$329,900
1 Bed
1 Bath
540 ft²
|
$329,900
10/16/2018
|
Cyrus Mohseni
The Keystone Team
| |
|
04/21/2017
|
1 Bed
|
1 Bath
|
540 ft²
|
$314,500
1 Bed
1 Bath
540 ft²
|
$285,000
-9.38%
10/11/2017
|
Coby Myers-Griffin
First Team Real Estate
|
Building Info
About Bixby Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017