46 Atlantic 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 |
|---|---|---|---|
| Jul 8, 2011 | Sold | ||
| Sold | |||
| Apr 14, 2011 | Listed by RE/MAX Real Estate Center | $449,921 | |
| Listed by RE/MAX Real Estate Center | |||
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WOW!...LOOKING FOR THE PERFECT SUMMER GETAWAY WITHOUT DEALING WITH ALL THE CAPE TRAFFIC? HERE IT IS! DIRECT, "PRIVATE" BEACH FRONT (HUMAROCK), "COZY" 3BR W PANORAMIC OCEAN & SOUTH RIVER VIEWS! Updates include heating, Title V (3BR), windows, hot water & LR slider (w/ access to patio & steps to beach!).Strong "year round" rental history, 8K+ lot (rebuild/expand?), many possibilities! Ample off street parking, surrounded by higher valued homes. Long term owner.Short walk to restaurants & shops.
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| Apr 14, 2010 | Listed by Century 21 Annex Realty | $499,921 | |
| Listed by Century 21 Annex Realty | |||
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Looking for spectacular ocean & S River views? THIS IS IT! Direct, "private" beach front (Humarock Beach), 3BR Ranch offering an open floor plan. Updates include heating, Title V (3BR), windows, hot water & LR slider (w/ access to patio & steps to beach!). Strong rental history, 8K+ lot (rebuild/expand?), many possibilities! Ample off street parking, surrounded by higher valued homes. Long term owner. Perfect timing to enjoy all the Summer activities. Short walk to shops and restaurants.
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