26
Map
402 Xanadu Place
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%.
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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 |
|---|---|---|---|
| Aug 27, 2020 | Sold | ||
| Sold | |||
| Jul 4, 2019 | Listed by Blue Ocean Realty LLC | $799,000 | |
| Listed by Blue Ocean Realty LLC | |||
| | |||
|
Ready for Beachfront Living in this spectacular updated home featuring 4 bedrooms/ 3 full baths plus a 3 car epoxy floor garage. Owner just finished a complete rebuild/remodel with modern neutral finishes including white shaker cabinets and Quartz tops. New walls from studs out, new electric wiring. Freshly painted interior/exterior. The beach home features a Southern exposure with plenty of windows and sliders for light throughout the day. New impact windows in many rooms. Metal roof. All new appliances, A/C units and water heater were replaced during the remodel. Over 2,800 sq. ft of living space and a full bed/bath on the ground floor which is great for in-laws. Home features two expansive storage rooms. Enjoy your large deck on the second floor as well as a downstairs covered patio.
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| Jun 21, 2012 | Sold | ||
| Sold | |||
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Price/ft²
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About Xanadu by the Sea
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$5,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017