429 35th street
About This Property
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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 |
|---|---|---|---|
| Aug 29, 2019 | Sold | ||
| Sold | |||
| Aug 25, 2019 | No longer available | - | |
| No longer available | |||
| Aug 1, 2019 | Price Decreased |
$2,695,000
↓ $100K
(3.6%) | |
| Price Decreased | |||
| Jul 17, 2019 | Listed | $2,795,000 | |
| Listed | |||
| | |||
|
This 4 bedroom 4 bath is boasting approx 3,600 sq ft, has ocean views from every level and is a short 4 blocks to the sand. The entire 3rd floor is a master suite with a west facing, unobstructed ocean view, fireplace, and a large deck. The second floor has 2 full bedrooms and baths, laundry, and a family room, with fireplace and ocean views as well. The first floor boasts a large Gourmet kitchen complete with Viking range and granite counter tops. The floor plan is completely open with kitchen, bar, living, and dining all in one "GREAT ROOM", ideal for entertaining. Hardwood floors throughout. The first floor also has a smaller bedroom/office with a private attached full bath/powder room. There is a nice ocean view front porch, and a rear enclosed courtyard for summer BBQ's (unless you choose to do so on the third floor deck!) lastly, a BONUS room/Studio with separate entrance, kitchen, bath, fireplace and it's own parking spot, currently rented month to month for $2,200 per month (Bonus room is not permitted as a studio). Seller may be open to creative financing.
| |||
| Apr 29, 2019 | Listed by Beach City Brokers | $2,695,000 | |
| Listed by Beach City Brokers | |||
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About Sand Section
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017