224 Central 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%.
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 |
|---|---|---|---|
| Feb 8, 2017 | Sold | ||
| Sold | |||
| Jun 1, 2015 | Listed by Lowtide Real Estate | $749,000 | |
| Listed by Lowtide Real Estate | |||
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PRICE CHANGE !!!! Captivating Humarock Oceanfront Home boasting a Unique Commercial Deep Water Dock and fully permitted $50,000 Revetment. This is an extremely rare find !! 3 Level recently renovated home with Stainless Steel appliances, additional upright freezer, pellet stove, bar refrigerator, washer, dryer, dishwasher, and microwave all included.4 Bedrooms, 2 Baths, finished lower level. You have the best of both worlds with a commercial deep-water dock on one side, and the Atlantic Ocean on the other side! Views and more views! Imagine the Luxurious lifestyle you can immerse yourself into at this Ocean and River Front location. The fully permitted Dock can easily accommodate a sizable boat, and has electricity on site also.
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| Nov 29, 2007 | Sold | ||
| Sold | |||
| May 29, 2007 | Listed by Century 21 Classic Gold Realty | $670,000 | |
| Listed by Century 21 Classic Gold Realty | |||
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If you want the beach you wont find better at this price. 3 levels of living, 4 bedrooms 2 baths, finished lower level. Private beach on one side, commercial deepwater dock big enough for 35ft boat, waterviews from every window. Brand new 4 bedroom septic and new front deck now installed. NOW 100,000.00 UNDER TOWN ASSESSED VALUE INCLUDING DOCK.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017