48 Phillips Beach Ave
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 |
|---|---|---|---|
| Dec 21, 2011 | Sold | ||
| Sold | |||
| Feb 16, 2011 | Listed by RE/MAX Advantage Real Estate | $999,999 | |
| Listed by RE/MAX Advantage Real Estate | |||
| May 17, 2010 | Listed | $1,250,000 | |
| Listed | |||
| | |||
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Enjoy sensational ocean views from this tastefully renovated deck house with an open floor plan. This home offers a state of the art chef's kitchen, fireplaced living room with deck overlooking conservation land and ocean, family room, library, master suite with newly-renovated marbled bathroom, jacuzzi and Grohe fixtures, walk-in closet with built-ins, and first floor playroom with fireplace. Make this your home and start enjoying the carefree days of summer all year long.
| |||
| Mar 29, 2010 | Listed | $1,250,000 | |
| Listed | |||
| | |||
|
Enjoy sensational ocean views from this tastefully renovated deck house with an open floor plan. This home offers a state of the art chef's kitchen, fireplaced living room with deck overlooking conservation land and ocean, family room, library, master suite with newly-renovated marbled bathroom, jacuzzi and Grohe fixtures, walk-in closet with built-ins, and first floor playroom with fireplace. Make this your home and start enjoying the carefree days of summer all year long.
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| Apr 10, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017