233 Hale Street
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Keller Williams Realty Evolution | $700,000 | |
| Listed by Keller Williams Realty Evolution | |||
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This charming coastal home, situated in the highly sought-after Beverly Cove community, awaits its new owners. Located on the East side of Hale Street, this property is approximately a quarter mile to the Atlantic Ocean & Brackenbury beach. Built in 1886, this home has been tastefully renovated, preserving its New England charm while incorporating modern amenities. Key features of the home include: Updated kitchen with silver pearl granite counters, radiant heat, custom wood ceiling, 3 bedrooms, 1.5 baths, European Runtal radiators on 2nd floor, front and back staircases, charming built-in cabinets, secluded backyard with shed and large deck. Basement is currently used as a workspace and is not included in the square footage. Nearby amenities include Lynch Park, Endicott College, playgrounds, and a vibrant downtown area with a variety of restaurants, shops, theaters, and more. The commuter train has three stops within a range of 1.2 to 1.9 miles from the property.
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| Oct 15, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017