358 SKATE Road
About This Property
This beautifully renovated 3-bed, 2-bath concrete block home is a must-see! Featuring an open floor plan with a modern kitchen, quartz countertops, new cabinets, and stainless steel appliances. Enjoy a 1-car garage, screened-in back patio, and a pavered driveway with extra space for a boat or RV. The home boasts wood plank porcelain tile throughout and a stylish front door. Upgrades include a water softener/filtration system, newer roof (2021), AC (2019), and double-hung windows. A 12x12 storage building is also included. Just minutes from the beach, with nearby shopping, dining, and nightlife, this home blends functionality and beauty. Don't miss the chance to see this Atlantic Beach gem today!
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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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Mar 27, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Relisted | $599,900 | |
| Relisted | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Feb 22, 2025 | Price Decreased |
$585,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017