230 STATE RD
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 |
|---|---|---|---|
| Sep 14, 2020 | Sold | ||
| Sold | |||
| Mar 25, 2020 | Listed by Jack Lingo - Rehoboth | $1,439,000 | |
| Listed by Jack Lingo - Rehoboth | |||
| Mar 18, 2020 | No longer available | - | |
| No longer available | |||
| May 14, 2019 | Listed | $1,439,000 | |
| Listed | |||
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New Construction underway in Downtown Rehoboth! One-of-a-kind and situated on a side walk lined street within walking distance to everything the town of Rehoboth Beach has to offer. Embrace this newest custom builder's project, who is renowned for remarkable coastal style, incredible details, creating natural light filled rooms, and open concept floor plans. BUY NOW AND CHOOSE MANY OF YOUR OWN OPTIONS. This incredible 3,000 +/- sq. ft home features 5 bedrooms, 4.5 baths and will exceed your expectations. Gourmet eat in kitchen with top of the line appliances, granite counters, elegant cabinetry, and breakfast bar. Enjoy a sunlit family room with gas fireplace, front plus back porches, and luxurious first floor master suite. Home is energy efficient and maximized for outdoor living. Smart and practical details galore: screened back porch,basement storage for bikes and beach chairs, walk-in closets, 2 incredible master bedrooms, and maintenance free exterior! Prime location: great restaurants, unique shops (don't forget to stroll along Baltimore and Wilmington Avenue), our mile long boardwalk, and white sandy beach. More details to follow. Home is currently under construction. The manager has listed the unit size as 2999 square feet.
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| Dec 13, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017