39 Manitoba Rd.
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 9, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Lamacchia Realty, Inc. | $770,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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This gem of a location is made for easy beach living. The Home is within walking distance to 6 beaches, the closest is the Association Beach which is less than a 3 minute walk. The Association Beach is a perfect location to launch your kayak, canoe or board your boat from the deep water dock with direct access to a bay and the open ocean. The home is also within walking distance to 5 other beaches, a playground, hiking / biking trails, boat launch and picnic area. A rare find for this move in ready home by the Beach, located in the quiet, family neighborhood of South Cape Beach Estates. This Cape style home features 4 bedrooms, 2 full baths. One bedroom on the main floor with 3 other bedrooms upstairs. The spacious open floor plan enables an easy flow between the kitchen, dining and living room, which is great for entertaining. The slider leads to an outdoor deck and outdoor shower. This must-see home will provide a relaxing retreat!
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| Jun 19, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017