3922 3rd Street
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 4, 2022 | Sold | ||
| Sold | |||
| Aug 31, 2022 | Listed by RE/MAX Crossroads Realty | $314,500 | |
| Listed by RE/MAX Crossroads Realty | |||
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Enjoy gorgeous sunsets and the island lifestyle from this adorable beach cottage on an oversized lot. Impeccable bay views will have you enjoying the tropical breeze from the screened-in porch, the shaded porch swing beneath the deck, or perhaps from the crow’s nest - perfect for evening libations! With just a short walk to the beach or the bay, this home is perfect for weekends away or full-time residence. From the upper French doors, find airy & open concept kitchen and living areas, two sizeable bedrooms and one bathroom. The guest suite on the ground level is oh so cozy and includes a private bedroom, a bathroom, and living area with shaded outdoor space perfect for cookouts and al fresco dining. New A/C system, new range, new plumbing, and no mandatory HOA. Completely furnished (including riding lawn mower) and move-in ready to start your new island life!
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| Oct 28, 2020 | Sold | ||
| Sold | |||
| Jun 18, 2020 | No longer available | - | |
| No longer available | |||
| Jun 17, 2020 | Listed | $275,000 | |
| Listed | |||
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Cute coastal cottage on an oversized lot with bay views - currently a vacation rental! Enter through a nice screened porch to an open living/kitchen/dining concept with tile flooring, white appliances & additional seating at the wood butcher block breakfast bar. Large deck off the the front of the house leads to a crow's nest decking with awesome views to the bay. Two bedrooms with oversized walk-in closets, utility area, hallway bathroom with tub/shower, single vanity, cultured marble countertops & tile flooring on this level. Ground level living areas feature a living space, bedroom & bathroom with tile flooring - is grandfathered into the square footage of the home & currently insured. Additional one car garage - perfect for workshop & all water toys. Located in an unrestricted subdivision - country & coastal living meet in this cozy The manager has listed the unit size as 1360 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017