309 Atlantic 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 |
|---|---|---|---|
| Jun 14, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | Listed by Ward Wight Sotheby's International Realty | $1,599,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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You know the old saying '' LOCATION,LOCATION,LOCATION''! Well, This charming 4 bedroom 2.5 bath center hall colonial fits that very descriptionl and is situated on a very quiet street just three blocks to the South End Pavilion POOL & BEACH & BOARDWALK. So its just an easy quick bike , stroll or roll to the beach & boardwalk and pool ! The double door front entry leads to both a formal living room and dining room. The sunny kitchen is quaint & cozy and is connected to the charming and warm family room with brick fireplace and then sliding glass doors lead to the four season sun porch with magnificent southern exposure ! There is a nice rear yard for summer fun , a wide paver driveway and a nice sized 2 car garage! Summer house,, year-round living or investment-rental this a SL BUY !
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| Jul 31, 2017 | Sold | ||
| Sold | |||
| May 17, 2017 | Listed by D'Amico & McConnell Realtors | $1,349,000 | |
| Listed by D'Amico & McConnell Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017