507 Sunset Boulevard
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 |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Feb 4, 2020 | Listed by Hollston Realty Group, LLC | $895,000 | |
| Listed by Hollston Realty Group, LLC | |||
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Ocean block lot with unobstructed ocean views! Beach Access is only steps away giving you the feel of being directly on the Ocean. Build your dream home right here in Deauville Beach! This lot comes with architectural house plans that are already town approved and ready to build. Paradise at the Jersey Shore can be yours. This property is also being sold as a new construction.
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| Sep 12, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed | $899,000 | |
| Listed | |||
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Ocean block lot with unobstructed ocean views just steps to all the ocean fun. Build your dream home right here in Deauville Beach! Paradise at the Jersey Shore can be yours.
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| Jun 20, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017