228 Atlantic 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, 2010 | Listed by Marlin Properties | $4,100,000 | |
| Listed by Marlin Properties | |||
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Stunning Custom Residence built in 2007 on 1.5 acres of Immediate Oceanfront. A 7,178sqft. 5BR, 7BA home oriented to capture sweeping Atlantic Ocean views from every room. Dramatic entrance with formal living and dining room, center FP and fabulous flow for entertaining. Gourmet kitchen, grand circular staircase, master suite, all custom trim, porte-cochere that leads to heated 3 car garage and beautiful professional landscaping. The highest level of luxury, materials, and quality construction.
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| Apr 29, 2009 | Listed | $4,495,000 | |
| Listed | |||
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Stunning New Construction on 1.5 acres of Immediate Oceanfront. A 7,178 sq ft. 5BR, 7BA home oriented to capture sweeping Atlantic Ocean views from every room. Dramatic entrance with formal living and dining room, center FP and fabulous flow for entertaining. Gourmet kitchen, grand circular staircase, master suite, all custom trim, porte-cochere that leads to heated 3 car garage and beautiful professional landscaping. The highest level of luxury, materials, and quality construction.
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| May 29, 2003 | Sold | ||
| Sold | |||
| Apr 22, 2003 | Listed by Carlson GMAC Real Estate | $1,850,000 | |
| Listed by Carlson GMAC Real Estate | |||
| Oct 24, 2001 | Sold | ||
| Sold | |||
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