298 Onset 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 |
|---|---|---|---|
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Listed by Conway - Wareham | $359,000 | |
| Listed by Conway - Wareham | |||
| Dec 15, 2025 | No longer available | - | |
| No longer available | |||
| Jul 6, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 14, 2025 | Listed by LAER Realty Partners | $250,000 | |
| Listed by LAER Realty Partners | |||
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Charming 2-Bedroom Cottage with Bonus Room. An incredible opportunity for a contractor, investor, or beach lovers! Nestled just a short stroll (0.7 miles) from beautiful Onset Beach, the property offers huge potential as a summer rental, year-round getaway, or fix-and-flip.The home needs some TLC and is being sold as-is, making it ideal for buyers looking to add value. Bring your vision and unlock the possibilities in this classic beachside neighborhood. "Seller" currently has the property under agreement to purchase, sale contingent on completion of "sellers" purchase, reserves right to transfer contract.
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Address: 335 Madison Avenue, New York, NY 10017