364 Calle Mayor
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 | |||
| Aug 13, 2018 | Listed by Vista Sotheby's International Realty | $1,899,000 | |
| Listed by Vista Sotheby's International Realty | |||
| Nov 22, 2017 | Sold | ||
| Sold | |||
| Sep 13, 2017 | Listed by RE/MAX Estate Properties | $1,249,000 | |
| Listed by RE/MAX Estate Properties | |||
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This large home (almost 2,500 sq ft) is a diamond in a rough and is waiting for someone to remake it into their dream home. Property features two large decks in the front to take advantage of the downtown/city/ocean views, a large living room with a fireplace and huge fixed window to enjoy the views and the outside, a large family room in the back (could be a master bedroom or two smaller bedrooms) that leads to a swimming pool in the back, an office in the front with its own fireplace and a three car tandem garage. Property is elevated off the street and gives you a nice bird-eye view of the surroundings and the neighborhood. Located just a short walk to the beach and the Riviera Village
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017