481 Lower County Rd #1
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 14, 2016 | Sold | ||
| Sold | |||
| Oct 3, 2016 | Listed by Today Real Estate, Inc. | $53,500 | |
| Listed by Today Real Estate, Inc. | |||
| | |||
|
~Walking distance to the beach.~Enjoy this adorable, seasonal, renovated end unit for your summer fun, or rental.~* Cathedral ceiling and sky lite give a feeling of openness which is a nice added bonus.~* You have your own fenced in private deck.~* Electric included.*Open mid April to mid October.~* Walk to Sundae School, Wee Packet or a the local Pizza Parlor no need for a car, how nice.~* Sorry no pets
| |||
| Feb 21, 2013 | Sold | ||
| Sold | |||
| Dec 1, 2012 | Listed by Today Real Estate, Inc. | $59,000 | |
| Listed by Today Real Estate, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/03/2016
|
Studio
|
1 Bath
|
256 ft²
|
$53,500
Studio
1 Bath
256 ft²
|
$53,000
-0.93%
11/14/2016
|
Kacy DeFranco
Today Real Estate, Inc.
| |
|
12/01/2012
|
1 Bed
|
1 Bath
|
256 ft²
|
$59,000
1 Bed
1 Bath
256 ft²
|
$49,000
-16.95%
02/21/2013
|
John Sztuka
Today Real Estate, Inc.
| |
|
03/15/2006
|
1 Bed
|
1 Bath
|
239 ft²
|
$69,000
1 Bed
1 Bath
239 ft²
|
$64,000
-7.25%
08/04/2006
|
Nancy Lundgren
Today Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017