48 Beach Road #C
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 |
|---|---|---|---|
| Nov 4, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 4, 2026 | Listed by RE/MAX Bentley's | $859,900 | |
| Listed by RE/MAX Bentley's | |||
| |||
|
Brand New Construction, just in time to secure your Dream at a price that says Yes in 2026! Be all set up for 2027 in this 4 bed 4 bath, 2500+ Sq Ft w/ additional full basement which could be finished for additional bonus space! 2 car garage, private yard with large deck overlooking matured wooded lot is a rare opportunity at this Price! Get the Beach Home Now before prices increase in the spring and enjoy an exceptional Lifestyle that you have been considering for some time! Why settle for a small garden or townhouse style condo w/ high costs and fees, when the single-family lifestyle could be yours in this primary or second home on the coast! Amazing investment opportunity as you live where you can explore the Essex Coastal Byway, Salisbury Beach's booming Ocean Front, plus the Bonus of easy access to Newburyport & Portsmouth NH, while avoiding the high cost of; price, taxes, insurance and condo fees! Energy rated home, white oak flooring, gas fireplace, open plan living, dining, kitchen with stainless GE Cafe appliances, 2nd floor washer / dryer, plus additional 3rd floor 4th bed/office/guest suite w/ half bath. Do not miss this low upkeep alternative to the high-cost condo market, get in now on the last home available in this prime location, just finished for YOU!
| |||
| Oct 1, 2026 | Listed by RE/MAX Bentley's | $899,900 | |
| Listed by RE/MAX Bentley's | |||
| |||
|
Brand New Construction, just in time to secure your Dream at a price that says Yes in 2026! Be all set up for 2027 in this 4 bed 4 bath, 2500+ Sq Ft w/ additional full basement which could be finished for additional bonus space! 2 car garage, private yard with large deck overlooking matured wooded lot is a rare opportunity at this Price! Get the Beach Home Now before prices increase in the spring and enjoy an exceptional Lifestyle that you have been considering for some time! Why settle for a small garden or townhouse style condo w/ high costs and fees, when the single-family lifestyle could be yours in this primary or second home on the coast! Amazing investment opportunity as you live where you can explore the Essex Coastal Byway, Salisbury Beach's booming Ocean Front, plus the Bonus of easy access to Newburyport & Portsmouth NH, while avoiding the high cost of; price, taxes, insurance and condo fees! Energy rated home, white oak flooring, gas fireplace, open plan living, dining, kitchen with stainless GE Cafe appliances, 2nd floor washer / dryer, plus additional 3rd floor 4th bed/office/guest suite w/ half bath. Do not miss this low upkeep alternative to the high-cost condo market, get in now on the last home available in this prime location, just finished for YOU!
| |||
| Jul 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 28, 2026 | Relisted | $950,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2026
|
4 Bed
|
2 Bath
|
2514 ft²
|
$899,900
4 Bed
2 Bath
2514 ft²
|
-
-
|
Robert Bentley
Bentley's
| |
|
03/02/2026
|
3 Bed
|
2 Bath
|
1900 ft²
|
$950,000
3 Bed
2 Bath
1900 ft²
|
-
-
|
Coastal Life Realty Team
Real Broker MA, LLC
| |
|
05/20/2025
|
3 Bed
|
2 Bath
|
1864 ft²
|
$900,000
3 Bed
2 Bath
1864 ft²
|
-
-
|
Coastal Life Realty Team
Real Broker MA, LLC
| |
|
05/08/2025
|
3 Bed
|
2 Bath
|
1900 ft²
|
$900,000
3 Bed
2 Bath
1900 ft²
|
-
-
|
Coastal Life Realty Team
Real Broker MA, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017