50 Presidents Road
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 |
|---|---|---|---|
| Jun 13, 2019 | Sold | ||
| Sold | |||
| May 7, 2019 | No longer available | - | |
| No longer available | |||
| May 3, 2019 | Relisted | $350,000 | |
| Relisted | |||
| Apr 22, 2019 | No longer available | - | |
| No longer available | |||
| Apr 19, 2019 | Listed | $350,000 | |
| Listed | |||
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Gray Gables ''hug of a home'' offers a sitting room off of the spacious eat in kitchen, a living room with fireplace, 2 bedrooms, 1 bath, a laundry area and office space. Partial Full Cape Cod Basement exterior access via bulkhead. Detached one car garage with plenty of storage. Owner pays no flood insurance! So many possibilities with this house located on .8 of an acre 1/10 to 3/10 of a mile to the beach. Bring your imagination and merge it with what already awaits you in this seaside gem. New furnace and windows in 2014. New water heater, electric panel and garage door in 2016. 3 bedroom septic system in place. The manager has listed the unit size as 966 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017