309 13th Avenue
About This Property
Convenience is key in this home as the kitchen, dining, and living rooms, as well as a full bathroom, are all located on the first floor. The current bedroom on the first floor has been converted into the cozy living room, giving you the flexibility to utilize the space in various ways. The kitchen is adorned with beautiful bamboo flooring and comes with a stainless steel appliance package. Moving upstairs, you'll discover three spacious bedrooms, including a master bedroom that can easily be divided into two separate bedrooms, each with its own closet. The second-floor full bathroom has been updated, ensuring that you enjoy modern comfort and style.
Step outside onto the trex deck and let the fresh sea breeze invigorate your senses. For those seeking privacy, there is a covered private front porch where you can comfortably relax and unwind. In the backyard, the detached garage has been transformed into a billiard room, providing the perfect space for entertaining friends and family.
This home is equipped with an updated 2 zone HVAC system, guaranteeing optimal comfort all year round. After a day at the beach, rinse off in the outdoor shower, a must-have for any beachside residence.
Don't let this opportunity slip through your fingers. This home offers the perfect blend of location, functionality, and charm, making it a true piece of Belmar paradise.
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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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | Listed by RE/MAX Revolution | $949,999 | |
| Listed by RE/MAX Revolution | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017