306 RIBAULT Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 6, 2023 | No longer available | - | |
| No longer available | |||
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 14, 2023 | Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | $585,000 | |
| Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | |||
| | |||
|
Investor Alert! This 3 bedroom/ 2 bath home is situated on 2 lots. Zoning allows for short term renting with a 7 night minimum. This is your opportunity for your creativity to shine.
This location offers the best of both worlds since it's just a short walk to restaurants and shops in the Historic District and a quick bike ride to the beach, parks and the Lighthouse. This home has never flooded an is zoned in top rated school system.
A third attached vacant lot is buildable and available for purchase, please see MLS #230332. This offers the potential to build either a rental property or create a family compound.
Please note: Current Parcel ID includes LOT 20.
LOT 20 is NOT included in this listing.
| |||
| May 31, 2023 | Price Decreased |
$325,000
↓ $270K
(45.4%) | |
| Price Decreased | |||
| May 31, 2023 | Price Increased |
$595,000
↑ $245K
(70%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017