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$268,000
● Condo - Off Market

314 Beach Street #2

bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,055 Ft²
$475,334
RealtyHop Estimate
72.91%
Since Nov 1, 2005
National-US
Primary Model

About This Property

Interesting condominium close to highways & public transportation.  Multi-level living. Large Master BR has cathedral ceilings, skylight & fan.  2nd bedroom can be used for office.  Exclusive use area in lower level(538 sq ft) has many possibilities.  2 full baths, 1 w/ Jacuzzi tub.  Additional bath in storage area.  Beautiful hw floors & Central Air. Come see this unique property. Note: Taxes are for all 4 units.
Unit Size
1,055 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$261
Property Type
Condo
Property Taxes
$277
HOA Dues
$125
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 years ago (MLSPIN #70194196)

Price History

Date / Event Date Event Price
Oct 3, 2005 Sold
Premium
Sold
May 17, 2005 Listed by Dell Realty Inc. $274,900
Listed by Dell Realty Inc.

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: First
Level: Second
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Hardwood
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Features: Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood
Level: Second
Level: First
Features: Flooring - Hardwood
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Basement
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood
Laundry Features: Washer Hookup
Rooms: 4
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: 314 Beach St Condominium
Structure Type: Low-Rise
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Acres: 0.3
Zoning: rb
Parcel Number: 1624716, 1372491
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $328,600
Tax Annual Amount: $3,329
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $125
Community Features: Public Transportation, Shopping, Tennis Court(s), Park
Management: Owner Association

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70194196
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