3 Birchwood Dr
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 3, 2023 | Sold | ||
| Sold | |||
| Mar 14, 2023 | In contract | - | |
| In contract | |||
| Mar 2, 2023 | Listed by Jack Conway - Conway On The Bay | $299,900 | |
| Listed by Jack Conway - Conway On The Bay | |||
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Location Location Location! Investors Take Note - Fantastic opportunity to restore and own a beach house in Onset. This home has been owned by the same family for over 40 years used for Summer only with no heating system. With a large yard and peekaboo views of Broad Cove this home could be perfect for Summer Rentals, Year round or a Second home with some work. One block to the association beach and just a short stroll to Onset Village, Beaches, Shopping, Dining and Marina. Property being sold "As Is". Buyers/Buyers agents to perform their due diligence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017