2816 Louise Street
About This Property
The generous backyard also offers plenty of room for entertaining and the potential for a pool or other outdoor improvements. Located approximately 12 minutes from the beach, this property combines valuable outdoor space with the desirable Oceanside coastal lifestyle.
With the price recently improved, this is an opportunity to bring your vision and unlock the potential of 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 25, 2026 | Price Decreased |
$789,900
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Aug 16, 2026 | Listed by RedRock | $799,900 | |
| Listed by RedRock | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017