22 1st Road
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%.
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 |
|---|---|---|---|
| May 1, 2012 | Sold | ||
| Sold | |||
| Mar 12, 2012 | Listed by TLC Real Estate | $325,000 | |
| Listed by TLC Real Estate | |||
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Walk to beautiful ocean beach from this adorable year round cottage close to shops and restaurants. Wood burning Fireplace in LR. Eat in kitchen with cathedral ceiling. Third bedroom could be a den, office, has access to backyard. Fenced in level lot with outdoor shower abd storage shed. Laundry in the basement. Great rental potential. Loads of charm - only needs your decorating touches to truly be a gem.
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| Aug 25, 1999 | Sold | ||
| Sold | |||
| Apr 16, 1999 | Listed by Ocean Street Real Estate | $169,000 | |
| Listed by Ocean Street Real Estate | |||
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ADORABLE 3 BR, LIGHT AND SUNNY, SKYLITE KITCHEN, THREE HOUSES FROM BEACH, FENCED YARD, FULL BSMT, NOT A DRIVE-BY, METICULOUSLY MAINTAINED TENANT IN PLACE TILL MAY 15; ALL SHOWINGS BY APPT ONLY
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