24 Old Beach 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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Success! Real Estate | $850,000 | |
| Listed by Success! Real Estate | |||
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This perfect Seaside home is located just a few houses away from the stunning Sunrise Beach, set on an oversized lot. It features hardwood flooring throughout, offering 4 bedrooms and two full bathrooms. The first floor boasts a lovely open floor plan with a charming kitchen, complete with a breakfast bar and new GE Cafe appliances, as well as a 1st floor bedroom and full bathroom. On the 2nd floor, you'll find three additional bedrooms and 2nd full bath. Drift off to sleep to the sound of the ocean in the generously sized primary bedroom with cathedral ceilings and beautiful ocean views .Invite your friends and family over, as there's ample space and plenty of parking—a rare find at the beach! After a day at the beach rinse off in the outdoor shower and unwind on the deck, or enjoy dinner just a stone's throw away. This home has undergone many updates, including a brand new heating system, a recently added generator, and updated roof and windows, plus a mini-split on the 1st floor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017