43 PARK Avenue
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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 |
|---|---|---|---|
| Feb 8, 2023 | No longer available | - | |
| No longer available | |||
| Jan 13, 2023 | Price Decreased |
$3,549,000
↓ $51K
(1.4%) | |
| Price Decreased | |||
| Dec 2, 2022 | Listed by Pardee Properties | $3,600,000 | |
| Listed by Pardee Properties | |||
| | |||
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Quintessential Craftsman on the highly coveted walk street in Venice Beach, half a block to the sand. This home has been restored while keeping the classic elements of the Arts and Crafts movement; exposed rafters, natural, raw locally sourced materials, deep porches, stone chimneys, cozy nooks, and built in window seats. A sunroom welcomes you to an open-concept living room with exposed beams stretching to the main dining area. Off the cook's kitchen is an additional breakfast nook, two spacious bedrooms, and two bathrooms. Two sets of French doors lead to a large brick patio and a bonus room currently used as a gym. The staircase to the second floor has high, vaulted ceilings with a double set of original windows beaming light onto the woodwork and reading nook. The primary bedroom has vaulted ceilings, exposed beams, built-in storage, window seats, a private balcony, a stone fireplace, and a large bathroom with built-in vanity, and a large walk-in closet. The upstairs guest bedroom has a darling bathroom complete with a claw-foot tub. French doors lead to a large second floor deck with room to relax on those beautiful California evenings or you can head up to the third floor roof deck with ocean views, perfect for Sunset cocktails. Above the two-car garage is a detached light-filled guest house that continues the Craftsman hallmark of vaulted ceilings and character. Additionally, there is a separate, dedicated parking spot for your guests. Come see this treasure today. The manager has listed the unit size as 3000 square feet.
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| May 13, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017