280 Atlantic Ave
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 |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Feb 17, 2021 | Listed by Conway - Hull | $574,000 | |
| Listed by Conway - Hull | |||
| Aug 19, 2014 | Sold | ||
| Sold | |||
| Dec 10, 2013 | Listed by 3A Realty Group | $249,000 | |
| Listed by 3A Realty Group | |||
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LOTS OF HOUSE FOR THE MONEY & VERY CLOSE TO THE BEACH! Enjoy living in close proximity to beautiful Nantasket Beach (right around the corner!) without the need (or expense!) for flood insurance. Your project awaits you in this attractive Dutch Gambrel style home which will require some TLC to restore it to its' original beauty. It boasts a huge living room & spacious Master Bedroom Suite (addition 1989)- 3 bedrooms + 2.5 baths. There are rooms on both levels that can be utilized as an office/game room/den/computer room. Enjoy the salt breeze while you grill on your 10" x 7' deck or take-in the sunset from your covered porch measuring 30' x 6.' Excellent beach getaway with just a small yard to maintain. Updated 200 amp electrical service. A 203k loan will give you the money to make the purchase as well as finance necessary updates to make this your ideal home! Make your appointment to see it today!
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| Nov 3, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017