29 Old Town Way
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 17, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 29, 2025 | Listed | $324,900 | |
| Listed | |||
| | |||
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Come take a peek at this sweet two-bedroom single family that is tucked away on a quiet side street while remaining easily accessible to both the beach and the center. Just one block from Salisbury Beach, this delightful getaway offers the perfect retreat for summer relaxation or a fantastic investment opportunity. With beach access close by, you can enjoy the sand and surf just steps from your door. The house features a cozy living room, an eat-in kitchen, a 3/4 bath, & two bedrooms. Wake up to the stunning sight of the sunrise peeking over the ocean just beyond your doorstep. Conveniently located blocks from popular attractions like Sea Glass, Blue Ocean, and various Salisbury Beach restaurants, entertainment is always within reach. While the property boasts insulated windows and doors throughout, it is not fully insulated, making it best suited for seasonal use. Showings begin at the Open House
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| Oct 17, 2014 | Sold | ||
| Sold | |||
| Aug 22, 2014 | Listed by Laffely Real Estate Associates | $82,000 | |
| Listed by Laffely Real Estate Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017