338 11TH Street
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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 |
|---|---|---|---|
| Apr 25, 2022 | Sold | ||
| Sold | |||
| Dec 22, 2021 | Sold | ||
| Sold | |||
| Sep 18, 2021 | Listed by RE/MAX UNLIMITED | $1,800,000 | |
| Listed by RE/MAX UNLIMITED | |||
| Sep 16, 2016 | Listed by RE/MAX UNLIMITED | $999,990 | |
| Listed by RE/MAX UNLIMITED | |||
| Jan 14, 2016 | Listed by RE/MAX UNLIMITED | $1,075,000 | |
| Listed by RE/MAX UNLIMITED | |||
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Custom Atlantic Beach Home On A Large Lot. Easy Walk To The Beach Just At The End Of The Street. Enjoy your large yard or add a pool. The elegant main house was custom designed by the owners to be open and flowing. Vaulted ceilings and lots of windows bring in the natural light and add to the open feel. There are 2 bedrooms and a large flex room downstairs with the master suite and another bedroom with full bath upstairs. The detached 2 car garage is extra deep for storage and has a guest suite above which would also make a great detached office. Walk or bike to the beach, the corner restaurants, community parks and more. This is Atlantic Beach living with some elbow room.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017