311 Central Ave
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 |
|---|---|---|---|
| May 8, 2023 | Sold | ||
| Sold | |||
| Mar 25, 2023 | In contract | - | |
| In contract | |||
| Mar 22, 2023 | Listed by William Raveis R.E. & Home Services | $900,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Accepted Offer Open House Sunday has been cancelled! Amazing views of the South River & the Atlantic Ocean! This property boasts a large deck for your Adirondack chairs and is perfect for large or small gatherings!! With contemporary architecture's sleek elegance, this 3-bedroom, 2.5-bathroom is a great opportunity within the highly desirable Humarock area. A welcoming home filled with natural lighting. You will feel at home as soon as you cross the threshold. Nice touches include oak hardwoods in kitchen and living spaces, an open layout, stylish lighting & vaulted ceilings. The stylish kitchen brims with fresh updates, attractive galley layout, and quartz counters & stainless-steel appliances. The serene main-floor primary bedroom includes a private bath with a walk-in shower, sliders open to the private deck with breathtaking views! 2 additional bedrooms and a loft upstairs provides a great space for family and guests. Steps to Humarock beach and potential for your own dock!
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| Nov 3, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017