246 Beachview Drive
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 |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Price Decreased |
$400,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Mar 22, 2025 | Price Decreased |
$415,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Mar 7, 2025 | Listed | $420,000 | |
| Listed | |||
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This beautifully renovated 2-bedroom home in the Lake Monomonac community offers stunning lake views and a custom design that is pleasing to the eye both inside and out. Upon entering, you’re welcomed by a bright sunroom with abundant windows that fill the space with natural light, this seamlessly flows into an open-concept living room, dining room, and kitchen, defined by spacious cathedral ceilings and even more windows that bring the outdoors in. The hardwood floors and cozy pellet stove add warmth to the inviting atmosphere. A unique feature of this home is the two separate staircases leading to each bedroom, providing privacy and convenience. The main bedroom is a tranquil retreat, boasting direct access to an outdoor deck and an ensuite bathroom with a luxurious soaking tub, while a separate full bath rounds out the living space. Additionally, there is a one-car garage underneath, adding to the home's functionality. This home is ideal for those seeking a serene lifestyle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017