233 3rd Avenue
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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 |
|---|---|---|---|
| Mar 18, 2019 | No longer available | - | |
| No longer available | |||
| Mar 15, 2019 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed | $1,600,000 | |
| Listed | |||
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Your beach home awaits! Located just a block and a half from Seabright Beach, this newer home is in one of the most coveted neighborhoods of Santa Cruz. It's the perfect get-away for friends and family to escape the heat and frolic in the cool waters of the Monterey Bay Sanctuary. After you're done playing in the surf and sand, take a quick stroll down this quiet street back to your comfy beach pad. You'll appreciate the love, care and craftsmanship that went into this home which was built for hosting a crowd, with plenty of room for everyone. The back yard features a private patio and outdoor shower, and a bathroom built into the garage makes it the perfect place for a "man cave," office, play room, or ...?. This isn't your drafty old beach home of yesteryear - it's move-in ready with many creature comforts you'd expect in a year-round home such as dual pane windows, crown moldings, recessed lighting, central heat, gas fireplace, instant hot water heaters, and so much more. The manager has listed the unit size as 1499 square feet.
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| Jul 11, 2018 | Listed by Realty World Virtuoso | $1,600,000 | |
| Listed by Realty World Virtuoso | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017