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38 Beach
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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 27, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by Robin R Sheldon R. E. | $849,900 | |
| Listed by Robin R Sheldon R. E. | |||
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Rare waterfront home in move-in condition with quality throughout! Main floor has open floor plan featuring kitchen/dining area w custom cabinets, crown molding, quartz breakfast bar, recessed lighting. Living room w/gas fireplace, triple sliders to spacious 12x24Trex deck overlooking serene South Pond w/a view to die for! 1st floor main BR with walk-in closet AND his & her closets, ceiling fan and private bath w/tile shower. There also is a 1st floor half-bath with laundry. The 2nd floor has 2 BR's (one is used as office), both with w/w, ceiling fans & recessed lighting. One BR has sliders leading to crow's nest with another incredible view of the lake! Full bath w/granite counter & tile flooring. The lower level is finished with w/w, sliders leading to covered patio, window seat, 3rd full bath and utility room. The exterior features incredible stone walkways, retaining walls, accent lighting, 50' of private waterfront with approx 50' dock. This is truly paradise!
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| Mar 1, 2011 | Listed by Keller Williams Realty | $499,900 | |
| Listed by Keller Williams Realty | |||
| Apr 23, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017