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428 34th Street
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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.
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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 25, 2018 | No longer available | - | |
| No longer available | |||
| Sep 21, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed | $1,999,000 | |
| Listed | |||
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Possibilities are unlimited with this new England shingle house, where you can see the ocean when you park in front of this unique residence.Welcome to a quiet street that has the strand and ocean just 3 1/2 blocks to the west, and the cul de sac at the east end of block offers Sand Dune Park. First floor has art deco era kitchen and windows to the street and morning sun.Dining area offers French doors overlooking a trellis, large dining room with fireplace,and shuttered windows.Downstairs bedroom has a sliding glass door to patio with lemon tree and garden.First floor also offers an art deco full bath, a second bedroom, and another bathroom with a convenient shower.Back door leads to first floor deck and two car garage with full laundry facilities.Stop at the landing on the way to the second floor offering skylights and your second view of the ocean.Second floor high ceilings with wood beams provide a spacious living room or family room, including a bar area and fireplace, and large seating area with windows overlooking the water. French doors lead to a deck perfect for entertaining or relaxing. Office area offers pleasant working space with doors to two more smaller decks.Master bedroom has skylights and another set of French doors to the deck, see the water again, as well as Manhattan Beach's pleasant streets.Wonderful location with easy walk to North End restaurants and shops, and excellent schools.Lot size 30'x90' offer an exception orientation to widen the ocean view. The manager has listed the unit size as 2050 square feet.
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| Jul 16, 2018 | Listed by Coldwell Banker Coastal Alliance | $1,999,000 | |
| Listed by Coldwell Banker Coastal Alliance | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017