421 Park Drive
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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | Listed by Bailey Properties | $1,315,000 | |
| Listed by Bailey Properties | |||
| Apr 19, 2023 | No longer available | - | |
| No longer available | |||
| Apr 12, 2023 | Listed by Bailey Properties | $995,000 | |
| Listed by Bailey Properties | |||
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Nestled in the much-loved and close-knit community at Seacliff Beach, this classic mid-century bungalow is just waiting for someone with great imagination and creativity. From the seahorse on the walkway to the ocean view deck, this will make the perfect Beach House. With Beach access only steps away and numerous local eateries, the location is perfect - just in need of a little TLC. 2 bedrooms, 1 bathroom and a good sized garage/boardroom with room for all your toys. No sticker shock here ! The 'Little Seahorse' offers the best seaside value and location in the County. Plus Marianne's ice cream, Manuel's Mexican Restaurant, Sno-White Drive In, and The Med Sports Bar are down the street in Seacliff Village. 1st time on the market in 48 years The manager has listed the unit size as 836 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017