218 82nd STREET
About This Property
Investment Opportunity. This beautiful 3/2, HEATED POOL home has booked weekly rentals until AUGUST 2022. Walk or golf cart to the beach. Great Square footage (1802) in this house with an open floor plan and plenty of room to spread out and entertain. Kitchen recently remodeled with Granite countertops, large sink and eat at bar. Seprate Dining area perfect for guests. Master Bath completely remodeled (last week) w/ brand new walk in shower featuring Rain hat shower head & custom glass doors. New bathroom vanity with vessel sink. All Bedrooms feature Tile flooring, NO CARPET in this home. HEATED POOL W/ 50' LANAI. Large beautiful tropical landscape, private, fenced backyard with sep shower, fire pit and room for all of your toys. Offered furnished w/ small list of exclusions. 6/20 NEW POOL FILTER and POOL HEAT PUMP. 12/20 NEW HOT WATER HEATER. 11/21 ALL NEW MASTER BATH. 3/20 EXTERIOR PAINTED. 2014 A/C. 2012 Pool and Cage added. This beach house is close to crystal clear gorgeous beaches, fantastic shopping and dining. Move in ready with income in place.
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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 |
|---|---|---|---|
| Jun 22, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | Listed by RE/MAX ALLIANCE GROUP | $1,595,000 | |
| Listed by RE/MAX ALLIANCE GROUP | |||
| Dec 22, 2021 | Sold | ||
| Sold | |||
| Nov 14, 2021 | Listed by RE/MAX ALLIANCE GROUP | $1,299,999 | |
| Listed by RE/MAX ALLIANCE GROUP | |||
| Mar 17, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017