57
Map
3513 Shipway Avenue
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 |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed by Alan E. Schwendener, Broker | $1,349,000 | |
| Listed by Alan E. Schwendener, Broker | |||
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2025 | Listed by Elevate Real Estate Agency | $715,000 | |
| Listed by Elevate Real Estate Agency | |||
| | |||
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Investor opportunity in this highly desirable neighborhood in Long Beach. CASH ONLY sale. This home is in need of a complete remodel. Kitchen has been gutted and new subfloor installed. New wall furnace. New plumbing from street to home. Washer hookups in laundry room off of kitchen. Dryer hookups in garage. Pool needs repairs. Home to be sold "as is".
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About East End
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$1,700 /mo
- 1 Bed
- 1 Bath
- 440 ft²
$6,500 /mo
- 3 Beds
- 2 Baths
- 1,684 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017