310 TWENTY SECOND Street
About This Property
Located on a dead end street with very little traffic, 310 Twenty-Second Street has beach & ocean access just one block away, and is also located just a short walk away from the Intracoastal waterway. This nice home offers a split bedroom plan with 3 bedrooms, 2 full bathrooms, large living room, and a deck area overlooking the screened swimming pool. The kitchen features granite counters, a breakfast area, and tile floors. The home also has a 2 year old roof, and a generator in case of any power outage. Located just 5 minutes north of the Vilano Beach Town Center with Publix, restaurants, shops, and the Vilano Beach pier.
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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 16, 2018 | Sold | ||
| Sold | |||
| Jun 9, 2018 | Listed by RE/MAX UNLIMITED | $450,000 | |
| Listed by RE/MAX UNLIMITED | |||
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About Villano Beach
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Last Updated: 9 months ago
Data Source: Real MLS, MLS# 941069
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017