24 4th Avenue
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 |
|---|---|---|---|
| Nov 4, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2018 | Listed by Arthur Rue Agency | $1,100,000 | |
| Listed by Arthur Rue Agency | |||
| Jul 29, 2017 | Listed | $1,195,000 | |
| Listed | |||
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Beauty by the beach! Monetti Custom Homes a stone's throw from the ocean, this contemporary 3-story home is a special retreat affording luxury resort living with multiple outdoor spaces, tranquil water views & a light-filled open floor plan that's perfect for entertaining. Host guests or relax with family in the comfortable living/dining rooms & modern kitchen on the 2nd level, which also features convenient powder & laundry rooms. The upstairs master bedroom suite is a quiet haven with a Jacuzzi in the master bath & private balcony with ocean views. Two additional guest BRs & 2 full baths also occupy the 3rd level. The first floor features a generously-sized family room & an in-law suite with a master bath. Other highlights include an attached garage, central AC, security, central vac.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017