348 PLAZA
About This Property
ELEVATOR. LOWER LEVEL IN-LAW SUITE PLUS
EXTRA BR AND BATH. MAIN LEVEL LR, FR,
KIT AND 2 BR'S. THIRD LEVEL MASTER SUITE. MARBLE COUNTERS, STUNNING CHERRY
HARDWOOD FLRS, TILE FLRS ON LOWER LEVEL. LOADS OF WINDOWS, FRONT AND REAR
BALCONIES. THIS HOUSE IS DROP DEAD GORGEOUS AND ONLY 2 1/2 BLOCKS FROM THE BEACH.
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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 |
|---|---|---|---|
| Dec 13, 2016 | Sold | ||
| Sold | |||
| Dec 11, 2015 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $899,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Feb 22, 2013 | Sold | ||
| Sold | |||
| Mar 26, 2012 | Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | $819,000 | |
| Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | |||
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Atlantic Beach. Need I say more. Only 2 1/2 blocks to the beach. This fabulous 3 story home has an elevator, loads of windows, front and rear balconies.Lower level in-law suite plus extra bedroom and bath. Main level LR,FR,KIT and 2 baths. Third level Master suite and bath. Stunning cherry wide plank hardwood floors,marble counters,Stainless appl. gas range OWNER FINANCING
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| Dec 10, 2008 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017