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222 3rd Avenue
About This Property
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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 |
|---|---|---|---|
| Aug 24, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Listed by Keller Williams Shore Properties | $1,399,999 | |
| Listed by Keller Williams Shore Properties | |||
| Nov 1, 2022 | No longer available | - | |
| No longer available | |||
| Oct 16, 2022 | Listed by Keller Williams Shore Properties | $1,049,999 | |
| Listed by Keller Williams Shore Properties | |||
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ORTLEY BEACH - SPACIOUS (2400 SQ. FT.) THREE LEVEL NEWER HOME (2013) SITUATED ON QUIET BAYSIDE CLOSE TO LAVALLETTE - HOME FEATURES OPEN AND AIRY LIVING SPACES PERFECT FOR ENTERTAINING - GRANITE COUNTERS - WOOD FLOORS THROUGHOUT, RECESSED LIGHTING, CROWN MOLDING ALONG WITH OTHER HIGH END FINISHES - COVERED FRONT PORCH ALONG WITH PRIVATE BACK YARD AND DECK/BALCONIES OFF 2ND AND THIRD FLOOR ADDS TO THE APPEAL OF THIS HOME - THIRD FLOOR BONUS ROOM DOUBLES AS A SECOND LIVING ROOM WITH TONS OF EXTRA SLEEPING OPTIONS - HOMES ARE STILL SELLING IN ORTLEY BEACH SO COME SEE WHAT THE EXCITEMENT IS ALL ABOUT! The manager has listed the unit size as 2400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017