220 18th Avenue
About This Property
perfect for entertaining and off the beach relaxing. Outdoor shower & large shed for storing beach chairs and bikes. Large 4 car Driveway..
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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 |
|---|---|---|---|
| Jan 25, 2022 | Sold | ||
| Sold | |||
| Sep 25, 2021 | Listed by Coldwell Banker Realty | $865,000 | |
| Listed by Coldwell Banker Realty | |||
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Location, Location, Location. this adorable, updated beach cottage is 2 blocks from the beach in beautiful Belmar. Walk or ride your bikes to everything Belmar has too offer. Front deck, enclosed front porch and off street parking for 4 cars makes this house perfect for a summer get away or an income producing property with summer rentals. Floors recently redone, new HVAC system. There is a bedroom and full bath on 1st floor, 3 bedrooms and full bath on 2nd floor. Furniture included
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| Jan 21, 2021 | Sold | ||
| Sold | |||
| Sep 24, 2020 | Listed by Barrood Real Estate | $690,000 | |
| Listed by Barrood Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017