289 Atlantic Avenue
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%.
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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.
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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 |
|---|---|---|---|
| Oct 14, 2021 | Sold | ||
| Sold | |||
| Aug 30, 2021 | Listed by Bean Group/ Stratham | $525,000 | |
| Listed by Bean Group/ Stratham | |||
| Jun 26, 2019 | No longer available | - | |
| No longer available | |||
| May 8, 2019 | Listed | $449,900 | |
| Listed | |||
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Welcome to 289 Atlantic Ave! Ideal for entertaining, the first floor offers generous living space with large, light-filled rooms. Gather around the butcher block island in the kitchen or spend warm summer nights on the deck. The bonus room has vaulted ceilings, charming exposed beams, and has a myriad of possibilities for use. Open-concept living and dining rooms make up the front of the house with large windows, hardwood floors, and a pellet stove for supplemental heat during the cold months. A first-floor bedroom and two half baths complete the first floor space. The master bedroom has character to spare, from the built-ins to the exposed brick of the chimney. The second floor also has two other rooms, currently utilized as sleeping quarters, along with a full bath. Open the windows for that lovely Seacoast breeze or keep them closed and cool inside with central air. The lot has mature trees and a flat usable backyard. New furnace and hot water heater. Minutes to beaches, shopping, restaurants, and school, as well as short drives to the downtown areas of Portsmouth and Exeter, make this an ideal location for quintessential NH Seacoast living. Showings begin Friday 5/10. The manager has listed the unit size as 2000 square feet.
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| Aug 23, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017