20 Silver Beach Road
About This Property
2 bedrooms on first floor with a full bath. 3 beds upstairs including a huge master suite. Open eat-in kitchen & center island, solid maple cabinets & Corian countertops. Great room, living room with cathedral ceilings, large sliding glass doors opening to balcony. All with spectacular Atlantic ocean views!! Lifeguards on duty during the beach season. Protected set back coastline. 2 Zoned heat & air. Large laundry room. Elevator. Outdoor shower. Covered outdoor area. Storm shutters. 2 car garage.
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Cap Rate Calculator
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 3, 2022 | Sold | ||
| Sold | |||
| Nov 9, 2021 | Listed by Weichert Realtors-Normandy Bch | $2,650,000 | |
| Listed by Weichert Realtors-Normandy Bch | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017