35 Locust 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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Listed by High End Homes Realty Group LLC | $525,000 | |
| Listed by High End Homes Realty Group LLC | |||
| | |||
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Located in desirable Rehoboth, this wonderful cape is ready to welcome its new owners! Filled with charm, the main level of this home offers an inviting and light filled 3 season room, a generously sized primary bedroom, beautifully updated kitchen, and full bath. An oversized living room with gleaming hardwood floors and cozy fireplace offers the perfect option for relaxation. First floor also includes a bonus room perfect as an office, additional sleeping quarters, play room, guest area or additional space to meet your unique needs. Upstairs you will find 2 additional bedrooms and a 1/2 bath. Enjoy additional entertaining space in your tastefully designed partially finished basement. Come see all the character this home offers! Recent updates include: New roof (2021), Updated kitchen (2020), and new water softener (2024).
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| Mar 15, 2012 | Sold | ||
| Sold | |||
| Oct 26, 2011 | Listed by High End Homes Realty Group LLC | $249,900 | |
| Listed by High End Homes Realty Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017