7
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301 2ND Street
About This Property
With no demolition or clearing required and utilities on site, construction can start immediately. This 7000 sqft lot offers walkable access to the beach, dining, shopping, and other local amenities.
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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 |
|---|---|---|---|
| Feb 20, 2026 | Listed by KST GROUP LLC | $1,700,000 | |
| Listed by KST GROUP LLC | |||
| Sep 11, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by WATSON REALTY CORP | $1,300,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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Talk about a perfect location! This 2-story home is located on a corner lot just 2 blocks to the ocean and Atlantic Beach Town Center. It is a good-sized lot, 50x140, to start over and build your dream beach home or totally renovate this home. It has a 1-car garage and a good-sized back yard. This floor plan has spacious living areas and large kitchen. One bedroom downstairs and 3 upstairs. The primary has French doors to balcony. (Do not go on the balcony at this point)
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| Oct 7, 2008 | Sold | ||
| Sold | |||
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About Beaches
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Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 1 Bed
- 2 Baths
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$8,500 /mo
- 2 Beds
- 3 Baths
- 1,942 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017