206 3rd Avenue
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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 |
|---|---|---|---|
| Sep 29, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $1,345,000 | |
| Listed | |||
| | |||
|
Beautifully renovated home just a block to the beach! Old warm charm remains in this tastefully renovated home. Great wrap-around porch for relaxing and enjoying the oceanviews! Great heated in-ground pool surrounded by Jerith fencing & pool house with all the comforts of home! Pool house has air conditioning, a full bath, kitchen and washer/dryer! And best tropical Tiki hut around with wet bar on really nice pebblestone patio! This home is a vacation paradise that you can live in all year long! The manager has listed the unit size as 2162 square feet.
| |||
| May 6, 2017 | Listed by Weichert Realtors-Sea Girt | $1,345,000 | |
| Listed by Weichert Realtors-Sea Girt | |||
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About Belmar
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21713069
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017