512 Madison Avenue
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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by Ward Wight Sotheby's International Realty | $749,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| Feb 23, 2022 | Sold | ||
| Sold | |||
| Jan 6, 2022 | Listed by EXP Realty | $525,000 | |
| Listed by EXP Realty | |||
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PRICED TO SELL! Start off 2022 with a new beach house! Located just three blocks to the beach, enjoy living in this beautiful single-family residence in Bradley Beach. Featuring 2 bedrooms and 1 bathroom with recent improvements to include new: central air conditioning, water heater, and washer and dryer. This location is perfect for enjoying the beach along with the restaurants and amenities of Bradley Beach's revitalized Main Street. It is only a short distance to Ocean Grove and Asbury Park. This lovely home won't last. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017