1
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343 Beach Drive
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 |
|---|---|---|---|
| Sep 12, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $2,300,000 | |
| Listed | |||
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Beachfront Paradise! Breathtaking panoramic views. Charming old-world feel. 4 bedrooms, 3 full baths, 1943 Sq. Ft. on an 8102 Sq. Ft. lot. Extensive custom woodwork, tiled pavers, paneled ceilings and multiple skylights. Energy-efficient dual pane windows and separately-controlled baseboard heating in each room. Living room features exposed beams, bay windows to capture the views, and a river-rock wood-burning fireplace. Spacious kitchen with island and separate family room. Inside laundry area. Downstairs bedroom with full bath. Master bedroom opens to upstairs balcony with views for miles. Master bath features steam shower. Multiple outdoor spaces for relaxing and entertaining including brick courtyard with built-in BBQ; outdoor shower with changing area. Private driveway. Offered fully furnished. Stroll to coffee and food, walk miles of beach or simply curl your toes in the sand and watch the dolphins swim by. Create your legacy. The manager has listed the unit size as 1943 square feet.
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| Jul 31, 2018 | Listed by Sereno | $2,300,000 | |
| Listed by Sereno | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017