25 Old Town Way
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 |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Relisted | $99,000 | |
| Relisted | |||
| Jun 6, 2024 | Listed by Keller Williams Realty Evolution | $315,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Year round beach cottage for sale! This charming 1+ Bedroom single family home 1 block across from Salisbury Beach, offers the perfect getaway spot for relaxation and fun in the summertime, year round living or investment opportunity! Beach access directly across the street, and just 1 block to the beach. The first floor has enclosed sunroom, spacious living room, eat-in-kitchen, full bath and closet, with all new luxury vinyl plank flooring and updated bathroom. Upstairs is 1 bedroom plus space for 2nd bedroom/den and maintenance-free balcony, great for watching sunrise pop up over the peek of ocean across the street. Updated electrical, Freshly painted interior, new LVP flooring in most rooms, new toilet/vanity, windows and newer roof!! Located 2 blocks from Sea Glass, Blue Ocean and Salisbury Beach attractions & restaurants! On-street, public lots, and rental parking spots available nearby! Move to the BEACH! EASY TO SHOW!
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| Feb 2, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017