34
Map
228 DAVIS Street
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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.
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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 11, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | Listed by ROCKNHOMES REALTY INC | $839,900 | |
| Listed by ROCKNHOMES REALTY INC | |||
| Sep 12, 2019 | Listed by ROCKNHOMES REALTY INC | $869,900 | |
| Listed by ROCKNHOMES REALTY INC | |||
| Feb 1, 2017 | Sold | ||
| Sold | |||
| May 1, 2015 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $749,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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A RARE opportunity: one of a HANDFUL of remaining larger parcels of land EAST of A1A in Neptune Beach with a single-story home. Owned & occupied by the same family for 49 years. Well-kept 3 BR, 2 BA mid-century ranch style home sits in the middle of 2.5 lots, less than 2 blocks to oceanfront. This street is a handicapped beach access, so there’s a nice deck at the foot of the walkway across the dunes with benches and ramps leading down to the sand. Step down living room and den areas in home with large windows. Large skylight in main bathroom. Roomy closets in each of the 3 bedrooms with nice sliding louvered doors. Wood floors in bedrooms, ceramic tile in baths & kitchen, carpet in LR, DR, & den. Plenty of room on the property to add a big patio, pool, outdoor kitchen, firepit area and garden or perhaps a separate guest house or studio...let your imagination run wild! Beautiful large oak and yaupon holly trees along outer edges of the yard add privacy and shaded areas. House has great bones with solid concrete block construction and plaster walls. Irrigation system on deep well. Water-to-air heat pump HVAC with separate well from irrigation system. Reverse-osmosis whole-house water softener/filter system. Replumbed in 2010 & has new electrical box with room for expansion. Underground utilities in this neighborhood, and house electrical hookup has been moved down from the roof, as well. 2-car attached garage and utility/laundry room with built-in workbench. No HOA means no restrictions beyond city laws, and no fees! Walk around the corner to catch the trolley to nearby beach restaurants & bars. Property may be subdivided, if you prefer to demolish and build new.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017