304 Grand Avenue
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 8, 2017 | Sold | ||
| Sold | |||
| Apr 11, 2017 | Listed by Coldwell Banker Realty | $2,995,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 14, 2012 | Sold | ||
| Sold | |||
| Oct 19, 2012 | Listed by Coldwell Banker Realty | $2,995,000 | |
| Listed by Coldwell Banker Realty | |||
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Outstanding Capitola ocean front home on Depot Hill. This home has it all. Completely remodeled from stem to stern with high quality materials. Short stroll along the ocean to the Capitola Village with all the amenities that Capitola lifestyle has to offer. If your looking for state of the art luxury with indoor & outdoor living then feast your eyes on this one. Don't miss out.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017