23 Shore 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 8, 2013 | Sold | ||
| Sold | |||
| Jul 31, 2012 | Listed by J. Barrett & Company | $899,000 | |
| Listed by J. Barrett & Company | |||
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Wonderful updated ranch with commanding views of the Atlantic ocean and direct ocean frontage. This light and bright home boasts tasteful renovations done in 2002 with an airy, open floor plan. Enjoy a large fireplaced living room & spacious open kitchen. Fish off of your own rocks or sit and relax on your beautiful front porch or back deck overlooking a lushly landscaped yard.This amazing home is located in the heart of Magnolia, where you can walk to the beach, village, shops and restaurants!
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| Apr 4, 2007 | Sold | ||
| Sold | |||
| Apr 23, 2006 | Listed by VCM, Realty | $1,140,000 | |
| Listed by VCM, Realty | |||
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BELOW MARKET FINANCING AVALABLE, NO POINTS NO CLOSING COST. Speak to the listing broker for more details, 5.75% 30 year fixed, 20% {or more} down payment credit score, income and general credit quality apply. Magnificent oceanfront home with commanding views of the Atlantic, totally renovated in 2002,used as a second home never been occupied since the renovation took place.
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| Jul 25, 1997 | Sold | ||
| Sold | |||
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