301 AVONDALE CIR
About This Property
Take the wide staircase to the upper level where you will find 3 spacious bedrooms, and one full bathroom that has been thoughtfully renovated. The basement is partially finished, offering a flex space to fit your specific needs, as well as plentiful storage areas.
This home offers the ideal space for indoor/outdoor living and entertaining, with the screened-in porch with built in speaker, and the perfect size low maintenance yard. The outdoor space features a partially new fence (2021), shed with new exterior walls (2021) and even a chicken coop.
Utilize the outdoor shower for the ultimate convenience with Hatton Beach being a quick 3 minute walk. Enjoy beach access featuring a marina, a pavilion w/ picnic tables, newly updated clubhouse, grills and a fire pit. Enjoy fun-filled Friday nights during the summer when neighbors gather here to grill and enjoy a beach bonfire. Host your events here or join numerous community events. (Beach fee is $300/year, kayak racks and boat slips can be rented for additional charge). There is also a community pool 2 blocks from the home (additional membership fee). Enjoy having no HOA, but still being part of the OSPIA Association.
The home also features a dual zone HVAC (one unit replaced in 2019), and a brand-new hot water heater (2023). Other recent updates include flooring: upstairs carpet and hardwood (2023) main level living room and kitchen flooring (2020), while still maintaining some areas with original hardwood. Appliances: Dishwasher (2019), Induction/Convection Stove (2020), Refrigerator (2022).
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | In contract | - | |
| In contract | |||
| Sep 16, 2023 | Listed by Cummings & Co. Realtors | $890,000 | |
| Listed by Cummings & Co. Realtors | |||
| Aug 8, 2012 | Sold | ||
| Sold | |||
| Aug 1, 2012 | Listed by Cummings & Co. Realtors | $699,000 | |
| Listed by Cummings & Co. Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017