22 Beach Ave
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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by Keller Williams Realty Evolution | $1,050,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Welcome to Salem Willows & a rare purchase opportunity. Deceptively spacious, this nearly 3,000 SF home offers 3 living levels & boasts an expansive view of Salem Sound reaching up the Beverly shoreline to Manchester, Misery & Baker's Islands. 1st floor includes a new custom-built kitchen w/granite countertops, hand-milled cabinets & top of the line SS appliances, dining rm & fireplaced living rm both feature large windows to enjoy the direct water views! A bedroom & full bath complete this level. 2 bedrooms, a full bath & a family room, also w/ocean views, comprise the 2nd fl space & the walk out lower level includes a den with a wood stove, laundry room, full bath, another bedroom & utility room. 22 Beach Ave has a private fenced backyard filled with mature plantings, raised garden beds & fencing designed & built by the owner. 2 car off-street parking. The Juniper Point neighborhood has a vibrant community club w/seasonal activities for all ages.
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| Jul 8, 1994 | Sold | ||
| Sold | |||
| Aug 12, 1988 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017