305 1ST Street
About This Property
Intracoastal waterway. There is even room for a pool!
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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 |
|---|---|---|---|
| Nov 14, 2023 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Relisted | $1,415,000 | |
| Relisted | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| Oct 5, 2023 | Price Decreased |
$1,415,000
↓ $15K
(1.1%) | |
| Price Decreased | |||
| Sep 8, 2023 | Listed by OCEAN BREEZE REAL ESTATE SERVICES | $1,430,000 | |
| Listed by OCEAN BREEZE REAL ESTATE SERVICES | |||
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This Custom Built Vilano Beach Home Offers 4bedrooms/3.5 Bath With A 2 Car Garage And Pavered Drive-way. Kitchen Has Real Wood Cabinets,Granite/Quartz Countertops & Wet Bar. Garage Has Shark Coating Flooring And A Full Bathroom. Pool Area Is Fully Pavered With Fire Pit And A 14x25 Pool That Has A Aquacal Heater/Chiller. Boat & Rv Parking On The West Side Of The Home! The manager has listed the unit size as 2904 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017