506 2nd Avenue
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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 |
|---|---|---|---|
| Aug 12, 2019 | Sold | ||
| Sold | |||
| Jul 3, 2019 | Listed by Diane Turton, Realtors-Spring Lake | $1,895,000 | |
| Listed by Diane Turton, Realtors-Spring Lake | |||
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Beautifully Restored Seashore Victorian. This wonderful home boasts 4 bedrooms and 3.5 baths. A spectacular Master suite with large sitting area featuring a fireplace and built ins. In the kitchen find top of the line appliances to include a Sub Zero refrigerator, Fisher Paykel 5 burner gas range and a Bosch dishwasher, nothing but the finest! The family room is complete with French doors that lead out to the screened in porch. Extras include:ceiling fans, recessed lighting, hardwood floors, alarm,stained glass, balcony, detached 2 car garage and a large backyard. Enjoy morning coffee on your mahogany rocking chair porch over looking the lovely landscaping. 2 Blocks to the beach & south end pavilion!
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| Dec 7, 2012 | Sold | ||
| Sold | |||
| Jun 20, 2012 | Listed by Diane Turton, Realtors-Spring Lake | $1,299,000 | |
| Listed by Diane Turton, Realtors-Spring Lake | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017