29
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2704 3rd Street
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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by Serhant California, Inc | $2,625,000 | |
| Listed by Serhant California, Inc | |||
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 14, 2021 | Listed by TRG Realty Company, Inc. | $1,499,000 | |
| Listed by TRG Realty Company, Inc. | |||
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A rare offering, two blocks from Main and four blocks from the beach, this impressive two-story Historic stand-alone Ocean Park residence is one to fall in love with. This charming 3-bedroom (plus a loft landing) is bright and shines with original details, vintage double-hung windows, wainscoting, five-panel doors, woodwork throughout and storied hardwood floors with modern amenities including updated kitchen and bath finishes and a laundry room on the first floor. This charming home comes complete with plentiful outdoor space including a front yard boarded by a white picket fence, a covered front porch and off-street parking. Summer nights and ocean breezes are calling, your new beach cottage awaits.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017