367 Beach 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 16, 2007 | Sold | ||
| Sold | |||
| Aug 26, 2005 | Sold | ||
| Sold | |||
| May 25, 2005 | Listed by Charisma Realty, Inc. | $834,900 | |
| Listed by Charisma Realty, Inc. | |||
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Unique beach front home with Panoramic Views & direct beach access. This home is well protected from beach erosion & above the flood plain! Rich Mohogany Panelling & fire place in greatroom give the feel of a gentler time. The large porch is ideal for watching the changing tides. A Graceful center stair case leads to the second floor and possible master suite w/Sleeping porch. This diamond in the rough is structurally sound but needs extensive restoration.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017