47 Beach Avenue
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 |
|---|---|---|---|
| Oct 15, 2015 | Sold | ||
| Sold | |||
| Apr 17, 2015 | Listed by William Raveis R.E. & Home Services | $949,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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OPEN HOUSE SAT AND SUNDAY. Oceanfront and Beachfront home Majestically & handsomely overlooking the converted wide white sandy beach on the dead end part of the street for added exclusivity & privacy This magnificent 2002 BUILT custom home is one of the most spectacular along this fabulous beach. Features 4 LEVELS OF LIVING, lavish details are throughout such as custom woodwork, open floor plan, one of a kind lighting, built in audio surround system inside & out. Numerous outdoor decks, including wrap around front, rear deck & upper floor decks. The windows are oversized & include stained glass for added detail. The dream chefs granite & SS kitchen has the finest finishes and appliances including sub zero refrigerator AND custom pantry.There are 11 rooms, 5 bedrooms, 3 baths. The lower level is a real show stopper w/ awesome detail, 2 spacious rooms W built ins & cedar closet. EXTERIOR HAS ELECTRONIC SECURITY GATE FOR DRIVEWAY W PAVERS;
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017