2527 Jack Johnson Boulevard
About This Property
Situated on a corner plot, the property features a spacious driveway, providing plenty of parking space. This home is ripe with potential, waiting for your creative touch to transform it into your personalized coastal sanctuary. Plus, enjoy the perks of seaside living without the worry of flood insurance, as this home is conveniently located in an X zone. Don't let this opportunity slip away – seize the chance to turn this property into your dream island escape!
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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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | In contract | - | |
| In contract | |||
| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| Dec 14, 2023 | Listed by Luxe Living Group, LLC | $290,000 | |
| Listed by Luxe Living Group, LLC | |||
| Oct 1, 2023 | Listed by Luxe Living Group, LLC | $300,000 | |
| Listed by Luxe Living Group, LLC | |||
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Your dream coastal retreat awaits! This home is centrally located in the heart of all the island's amenities, ensuring a lifestyle of convenience and enjoyment! Embrace the coastal living you've always dreamed of, as this home is just a quick 0.2 mile away from the soft sands of the beach – a mere 5-minute walk to paradise! Enjoying peek-a-boo beach views on your front porch. Second-floor bedroom also offers the same delightful vistas, making every morning a refreshing experience. The corner lot provides ample parking with a long driveway. With a little creativity and vision, this home holds incredible potential to become your perfect coastal haven, reflecting your unique style and preferences. Enjoy a life of coastal bliss without the required burden of flood insurance! Home is located in an X zone. Don't miss the chance to make this house your ideal island retreat!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017